Azerbaijan’s real estate market to reach value of $501.3B by year-end

By the end of 2025, the total value of Azerbaijan’s real estate market is projected to reach $501.33 billion, Report informs, citing data from the German online platform Statista.

Among the different segments of the market, residential real estate dominates with a projected market volume of $403.46 billion in the same year.

This segment is expected to show an annual growth rate (CAGR 2025-2029) of 7.39%, resulting in a market volume of $666.65 billion by 2029.

“The real estate market in Azerbaijan is experiencing a surge in demand for luxury properties due to increased foreign investment,” Statista notes.

In a global comparison, the United States is expected to generate the highest value in the real estate market, reaching $136.6 trillion in 2025.