In August, housing sales declined in Uzbekistan, but the market still grows on an annual basis

In August 2025, 25,000 housing units were sold in Uzbekistan, which is 4.6% lower than in July. However, on an annual basis, the market demonstrates growth: the number of transactions increased by 13% compared to August 2024, the Center for Economic Research and Reforms reported.

The highest transaction activity was recorded in the Syrdarya (34%), Khorezm (29%), and Surkhandarya (27%) regions.

Secondary housing prices

After a 1.7% increase in July, the average market value of a “square” in August increased by another 1%, and in annual terms — by 4%. The most significant price increases over the year were observed in Jizzakh (14%), Surkhandarya (17%), and Syrdarya (10%) regions.

В Ташкенте средняя стоимость вторичного жилья в августе прибавила лишь 0,2 % к июлю, но за год снизилась на 2,3 %. Больше всего цены упали в Мирзо-Улугбекском (-6,3 %), Яшнабадском (-4,4 %) и Чиланзарском (-4,6 %) районах.

New buildings

Prices for new housing in the capital increased moderately over the year — by 0.7%. The growth leaders are Mirobod (6.6%), Yakkasaray (3.6%), and Olmazor (2.6%) districts.

Rental market

In August, rental housing in Tashkent remained stable: the average rate is maintained at $8 per square meter.

Despite the decrease in rates compared to last year (by an average of 1.8%), the demand in the central regions remains high. The most expensive housing is in Mirobod, Shaykhantahur, and Yakkasaray districts, where rent reaches about $10.3 per “square”. The largest decrease in prices over the year was recorded in Uchtepa, Chilanzar, and Bektemir districts.