District trends

Hövsan apartment prices

Average AZN/m²
1 864AZN/m²0%
Active listings
1,914
Baku city-wide
-32.8%

Hövsan is mid-priced of Baku's areas. There are currently 1 914 active listings, with an average price of 1 864 AZN per square meter. Prices were stable this past week. That is notably below the Baku average.

Compared

This district
1 864 AZN/m²
32.8% below Baku
Baku city-wide
2 773 AZN/m²

median price per m² across 51 980 active listings, 3 November

Nearby districts
2 002 AZN/m²
27.8% below Baku
2 115 AZN/m²
23.7% below Baku
2 215 AZN/m²
20.1% below Baku

Sale price trend

Sale - by room count

RoomsAvg AZN/m²MoMActive
1 rooms2 3190.2%124
2 rooms2 0542.7%677
3 rooms1 8180.2%797
4+1 6000%316

Rent price trend

Rent - by room count

RoomsAvg AZN/m²MoMActive
1 rooms80%27
2 rooms71.4%137
3 rooms61.7%162
4+50.4%25

Rent yield

Expected yield
4.3%

A typical apartment rents for about 450 AZN a month, 5 400 AZN a year. At that rate it pays back its price in about 24 years.

Top complexes in this district

Frequently asked questions

The average apartment price in Hövsan over the past week is 127 000 AZN.
A square metre in Hövsan is roughly 1 864 AZN.
Over the past 52 weeks the average price per m² has risen +3.9%.
The average 2-room apartment in Hövsan is 113 000 AZN.
The gross annual rental yield in Hövsan is about 4.3%.