Seasonality of real estate prices in Ukraine: when is it more profitable to buy a home

The real estate market in Ukraine depends on seasonality and regional characteristics. Find out when it is more profitable to buy a home in Kyiv, Lviv, or Odesa

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The housing market in Ukraine shows a clear dependence on seasonal fluctuations. Autumn is traditionally considered a period of activity: there are more buyers, the number of offers increases, but prices also rise. Sellers try to take advantage of the situation, as demand and competition for square meters intensify.

At the same time, the winter months become a period of calm. As written by the publication Novosti.LIVE, many buyers postpone deals during this period, and the market responds with a drop in demand. This is when it becomes possible to find interesting options cheaper than in the fall and negotiate favorable terms.

Is it profitable to buy real estate in the fall?

Economic and social factors have a significant impact on the real estate market. Inflation, fluctuations in the dollar exchange rate, and security risks shape the mood of both buyers and sellers. Some experts advise not to rush into buying a home in the fall, even despite the wide selection of apartments.

Realtors note that sellers often reduce the price by 5-10% in the case of a quick deal. And for large apartments, demand is traditionally lower than for one- or two-room apartments. This opens up additional room for bargaining. Thus, winter becomes a period when it is possible to negotiate favorable terms and close a deal faster.

Regional differences in the real estate market

Regional characteristics significantly influence market behavior.

Lviv: stable demand despite seasonality

Lviv remains one of the most active cities in Ukraine due to internal migration. Here, demand is consistently high, and in some areas, prices are even rising.

Local realtors emphasize that everything depends on the location and condition of the apartment. In prime areas, prices remain stable and are almost unaffected by seasonal fluctuations. Therefore, it is not always advisable to wait for winter discounts in Lviv, as buyers risk losing attractive options.

Odessa: the impact of security risks

Southern regions are under significant pressure due to regular attacks. This directly affects the real estate market.

Demand for housing in Odessa has declined, with buyers trying to choose safer areas where prices are traditionally higher. In less secure areas, on the contrary, there is room for bargaining, and prices are becoming more flexible. Thus, there is a double effect in the city: some areas remain expensive, while others are gradually becoming cheaper.

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Kyiv: room for bargaining on large apartments

The situation is slightly different in the capital. Demand for one- and two-bedroom apartments remains high, but large apartments are purchased less frequently. This allows buyers to negotiate a discount and purchase real estate on more favorable terms.

The winter months also increase buyers' chances of successful bargaining, especially when the seller is interested in a quick sale.

Read also: New housing construction has picked up in Ukraine — where is most of it happening?

Is it profitable to buy in winter: advantages and risks

The winter period in the real estate market has both advantages and disadvantages.

Advantages of buying in winter:

● lower demand and a better chance of negotiating a discount;

● faster negotiations and deal closing;

● the opportunity to purchase higher-class housing for the same price;

● more choice in the segment of less popular apartments.

Disadvantages:

● limited choice compared to the fall season;

● risk of losing high-quality properties in cities with high demand;

● uncertainty regarding the dollar exchange rate and inflation.

Therefore, the decision to buy depends on your priorities. If the main thing is to save money, then winter is the best time. If a specific area with high demand is important, it is better not to postpone the deal.

Conclusions: how to determine the right moment

The general trend is as follows:

● in Kyiv, you can count on a discount, especially for larger apartments;

● in Lviv, prices remain stable and are even rising in popular areas;

● in Odesa, safe areas are becoming more expensive, but in less secure areas there is room for negotiation.

Experts advise taking into account not only seasonality but also the specific features of the local market. Winter can be a period of profitable deals, but the final decision depends on the buyer's goals and willingness to take risks.

And no less important is to take care of the security of the investment. Even after purchasing a home, owners face unpredictable risks. That is why we recommend taking out insurance on your apartment immediately after purchase. The Visit Ukraine portal offers an express property insurance service that allows you to quickly and without bureaucracy protect your property from possible losses. This is a smart move that complements choosing the right moment to buy.

We remind you! Property insurance is an effective and inexpensive tool for protecting your home. Read why you should insure your apartment or house right now and what benefits it gives you in our previous article.

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