Square meter in Minsk costs record high: 2007 record finally broken
In December 2025, the price per square meter in Minsk surpassed $2000. The last time this happened was back in 2007.
Minsk World residential complex. Photo by the developer
According to Realt.by statistics, by the end of December, the average asking price per square meter exceeded the $2000 mark for the first time since 2007. As of December 21, a square meter in the capital was, on average, asking for $2071, and a week later — on December 28 — the price in offers rose to $2084 per meter.
Photo: screenshot from realt.by website
It is noteworthy that, starting from December 28, the price per meter in the secondary market also surpassed the mark — $2016. A square meter in new buildings is even more expensive — $2170.
Before this, the absolute record for many years remained the end of 2007, when a square meter in Minsk was, on average, asking for $2010. However, taking into account dollar inflation, it can be noted that apartments in the Belarusian capital are still cheaper now than 18 years ago, as the purchasing power of $2000 then and now differs significantly.
Over 2025, the asking price per square meter in Minsk increased by 47%, from $1416 to $2084.
The lowest prices in the last five years were recorded at the end of November 2022. At that time, a square meter in the capital was, on average, asking for $1153.
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