Moscow apartment prices were high. But how high exactly?

"The price band at the end of the first quarter in 2007 remained rather wide, ranging from $5,000 to $35,000 per square meter in the primary market, and from $6,000 to $40,000 in the secondary market," Litinetskaya told The Moscow News. The apartments offered at the lower end of this price range are located outside the capital's Central district. The highest prices, explains Litinetskaya, are traditionally characteristic of development projects in the downtown Khamovniki district, with buildings in 2nd Zachatyevsky Pereulok and Khilkov Pereulok topping the chart of Moscow's priciest properties for over a year now.