Average Home Price at $584 per sqm

The average price of each square meter of a residential property in Iran stood at 152 million rials ($584) in the month ending Nov. 20, says Mahmoud Mahmoudzadeh, the head of Housing Department of the Ministry of Roads and Urban Development. 
“In summer, the department decided to stop publishing statistics regarding Tehran’s real-estate market because it believes having the average home price in Tehran as a reference would affect prices in other provinces whereas prices in the cities of a province should be compared to the capital city of that province [and not Tehran],” he was quoted as saying by Mehr News Agency.
“At present, statistics on home deals of all provincial capital cities have been prepared and the average price of each square meter of a residential property in 25 provincial capital cities is below 100 million rials [$384]. The median home price of nine provincial capital cities is less than 50 million rials [$192]) and only in Tehran and Ahvaz, the average price of each square meter of home exceeds 200 million rials [$769]. Tehran home prices stood at 278 million rials [$1,069] and Ahvaz at 235 million rials [$903] per square meter during the month ending Nov. 20.”