Market Valuation of Apartment: Narva mnt 5, Kesklinna linnaosa, Tallinn
Based on the latest market data, the estimated value of this 1-room, 46.9 m² apartment is EUR 206 486.
This valuation is derived from a blend of current asking prices and recent actual sales data in the area, adjusted for the property's specific characteristics.
Kesklinna linnaosa Real Estate Market Analysis: Price & Volume Trends (March 2023 – March 2026)
An in-depth look at the Kesklinna linnaosa real estate market reveals a stable. Between March 2023 and March 2026, the median price per square meter (PPU) saw a 1.97% increased, while transaction volume experienced a -0.61% decreased. This analysis provides key insights for buyers and sellers.
Market Context
This property is valued at € 4 402,68/m², which is 29.3% higher than the market median. With an average of 13.6 transactions per month, the market liquidity is moderate.
Property Value Analysis: A 1.97% Shift
The median PPU in Kesklinna linnaosa has shifted from **3 364 EUR/m²** to **3 431 EUR/m²** over the last year, a increased of 1.97%. This trend suggests a stable pricing environment. For context, the overall median PPU for the entire period stands at **3 406 EUR/m²**.
Market Activity: A -0.61% Change in Transaction Volume
Transaction volume in Kesklinna linnaosa has seen a -0.61% decreased, with the number of transactions changing from **164** to **163** when comparing the Apr 2025 - Mar 2026 2025 period to Apr 2025 - Mar 2026 2026. This shift in market liquidity indicates a steady and predictable market environment. Short-term data shows a downward trajectory, with a quarterly volume change of **-25.00%**.
Price Extremes & Volatility
Over the last 36 months, the median PPU in Kesklinna linnaosa reached a peak of **3 739 EUR/m²** in February 2025. The price floor was observed at **3 000 EUR/m²** in April 2023. This range highlights the market's volatility and strategic pricing opportunities.
Strategic Outlook for Kesklinna linnaosa in March 2026
The Kesklinna linnaosa market is currently a stable. **For Buyers:** monitor prices closely as the market is balanced. **For Sellers:** competitive pricing is key to attract buyers.