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Are Baku apartment prices rising or falling?

Baku apartment asking prices are moving in both directions simultaneously. Of 3,455 recorded asking price changes, 1,785 were increases and 1,670 were reductions, meaning more listings raised their asking price than cut it over the observed period.

Raises outnumber cuts, but cuts run deeper

Sellers who raised their asking prices did so by an average of 15.5%, while sellers who reduced their asking prices cut by an average of 7.4%. The result is a market where upward moves are more numerous but the magnitude of cuts is not trivial. Neither figure points to a single clear direction — the market is split, with meaningful price movement happening on both sides. Prices are asking prices, not transaction prices. Time on market is measured from Doma's first observation — the source publishes no listing date. This means the figures above reflect what sellers are signalling, not what buyers are paying.

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Are Baku apartment prices rising or falling?

Based on 3,455 observed asking price changes, prices are doing both: 1,785 listings raised their asking price and 1,670 reduced it. Raises averaged 15.5% and cuts averaged 7.4%, so there is no single direction that describes the whole market.