Scientific Bulletin of the Odesa National Economic University 2025,2, 89-97
Analysis of the marketing environment and consumer behavior in the real estate market of Ukraine
Bondarenko Olena
PhD of Philosophy Sciences, associate professor, associate professor Department of Marketing and
International Logistics, Odesa National Economic University, Odesa, Ukraine, E-mail:7871996@gmail.com, ORCID: https://orcid.org/0000-0001-9853-5051
Kushchak Daria
student of the 45/1 st group of the Faculty of International Economics, Odesa National Economic University,
Odesa, Ukraine, E-mail:dasha.kushak@gmail.com, ORCID: https://orcid.org/0009-0000-7587-0535
Cite this article:
Bondarenko O., Kushchak D. (2025) Analysis of the marketing environment and consumer behavior in the real estate market of Ukraine. Ed.: V.V. Kovalenko (ed.-in-ch.) and others [Analiz marketyngovogo seredovyshha ta povedinky spozhyvachiv na rynku neruhomosti Ukrainy.: V.V. Kovalenko (gol. red.)], Scientific Bulletin of the Odesa National Economic University (ISSN 2313-4569), Odesa National Economics University, Odesa, No. 2 (327), pp.89-97.
Abstract
The aim of the article is to analyze the marketing environment and consumer behavior in the real estate market of
Ukraine, particularly in Odesa, under economic, social, and wartime transformations. The study is based on the use of an analytical
method to assess price dynamics in the primary and secondary markets, as well as the impact of external factors such as military
actions, the COVID-19 pandemic, and energy crises. A comparative approach was applied to determine regional price formation
characteristics and consumer behavior. Methods of structural-logical analysis, comparison, and generalization of research results
were used. The methodological and informational basis of the study includes scientific papers, materials from periodicals, and
Internet resources. They indicate the adaptation of the real estate market to crisis conditions: the primary market demonstrates
price stability, while the secondary market exhibits greater dynamism. The key factors influencing demand include housing security,
its autonomy, well-developed infrastructure, and participation in state programs such as "YeOselya" and "YeVidnovlennia". The
role of digital channels in developers' marketing strategies is highlighted, particularly the use of social media and analytical
platforms to attract clients.. The article provides a comprehensive analysis of the adaptation of Ukraine’s real estate market to
crisis conditions, particularly under the influence of military actions, the COVID-19 pandemic, and energy crises. Key demand
factors such as housing security, autonomy, infrastructure, and state programs are identified. The novelty of the study lies in the
assessment of the impact of digital marketing strategies and regional price formation characteristics in the primary and secondary
markets
The article provides recommendations for adapting developers' marketing strategies to new market conditions, with a particular
focus on security, affordability, and digitalization of processes. The study also emphasizes the importance of integrating state
programs into sales strategies, which helps stimulate demand and increase sales volumes. The presented analysis will be useful for
developers, marketers, and government agencies working on the recovery and development of the real estate market.
Keywords
Marketing environment, consumer behavior, real estate market.
JEL classification:M310; R310; D120; H810;DOI: https://doi.org/10.32680/2409-9260-2025-2-327-89-97
UD classification:332.72.332.8
References
- Biletskyi, I. V. (2022). Factors influencing the development of the construction sector and
the real estate market in Ukraine. Visnyk Odeskoho Natsionalnoho Universytetu, 3(93), 38–43.
Retrieved from http://www.visnyk-onu.od.ua/journal/2022_27_3/9.pdf (accessed 01 February 2025). [In Ukrainian].
- Bondarenko, O. M., & Strii, L. O. (2024). The impact of modern digital communications
on consumer behavior. Business Inform, 2, 346–355. https://doi.org/10.32983/2222-4459-2024-2-346-355
(accessed 01 February 2025). [In Ukrainian].
- Bondarenko, O. M., & Strii, L. O. (2024). Key approaches to website development in the
context of digital communication and interaction with consumers. Naukovyj visnyk Odes'koho
natsional'noho ekonomichnoho universytetu, 9(322), 81–93. https://doi.org/10.32680/2409-9260-2024-9-322-81-92 (accessed 01 February 2025). [In Ukrainian].
- Bondarenko, O. M., Tarasenko, I. V., & Yavorska, O. M. (2024). The role of digital
communications in attracting consumers of educational services. Business Inform, 6, 423–431.
https://doi.org/10.32983/2222-4459-2024-6-751-751 (accessed 02 February 2025). [In Ukrainian].
- Burlaka, L. F. (2019). Analysis of the functioning and trends in the development of
the housing real estate market in Ukraine. Pryazovs'kyj ekonomichnyj visnyk, 6(17), 35–40.
https://doi.org/10.32840/2522-4263/2019-6-7 (accessed 02 February 2025). [In Ukrainian].
- Yelfimov, O. O. (2023). Formation of the housing real estate market and its state regulation
in Ukraine in pre-war and war periods. Modern Vectors of Recovery and Development of Ukraine
on the Principles of Sustainability and Security: Proceedings of the International Scientific and
Practical Conference (Kyiv, November 21, 2023). https://doi.org/10.54929/conf_21_11_2023-07-08
(accessed 01 February 2025). [In Ukrainian].
- Ivanchenko, A. M. (2021). Analysis of the activities of construction enterprises in the
real estate market of Ukraine. Visnyk of the National University of Water Management and
Environmental Engineering, 1(93), 65. https://doi.org/10.31713/ve120217 (accessed 03 February 2025). [In Ukrainian].
- Ilchuk, O., & Myskyv, H. (2023). Trends in consumer behavior changes during economic
crises in Ukraine and European countries. Economy and Society, 49. https://doi.org/10.32782/2524-0072/2023-49-2
(accessed 03 February 2025). [In Ukrainian].
- Kobzan, S., Pomortseva, O., & Shterndok, E. (2023). Analysis of the real estate market
situation in Ukraine during martial law. Trends and Prospects. Scientific Collection “InterConf+”,
32(151), 696–704. https://doi.org/10.51582/interconf.19-20.04.2023.074 (accessed 03 February 2025). [In Ukrainian].
- Krasnevych, O., Pavlov, K., & Yushchak, A. (2023). Theoretical aspects of research on
the housing real estate market of Ukraine in a wartime economy. Economy and Society, 48.
https://doi.org/10.32782/2524-0072/2023-48-34 (accessed 05 February 2025). [In Ukrainian].
- Strii, L. O., Chukurna, O. P., & Bondarenko, O. M. (2023). Virtual marketing in communications. Electronic Scientific and Practical Journal “Market Infrastructure”, 70, 27–33. https://doi.org/10.32782/infrastruct70-5. Retrieved from http://www.market-infr.od.ua/journals/2023/70_2023/7.pdf (accessed 05 February 2025). [In Ukrainian].
- Poliakh, S. S. (2022). Features of changes in consumer behavior in the modern market.
Investytsiyi: praktyka ta dosvid, 1(9–10), 69–76. https://doi.org/10.32702/2306-6814.2022.9-10.69
(accessed 05 February 2025). [In Ukrainian].
13. Pomortseva, O., Kobzan, S., Shterndok, E., & Zatkhei, V. (2023). Analysis of the real
estate market situation in Ukraine during martial law. Trends and Prospects. InterConf, 30(143),
498–507. https://doi.org/10.51582/interconf.19-20.02.2023.052 (accessed 06 February 2025).
[In Ukrainian].
- Fisuneko, P. A., & Kuzmin, V. V. (2024). A critical analysis of the marketing communication
management system in the real estate market in the context of a full-scale war in Ukraine. Problems of
Modern Transformations. Series: Economics and Management, 13. https://doi.org/10.54929/2786-
5738-2024-13-03-01 (accessed 06 February 2025). [In Ukrainian].
- Fisuneko, P., & Kuzmin, V. (2024). A comprehensive approach to managing marketing
communications in the real estate market: situation analysis and search for prospects. Economy
and Society, 62. https://doi.org/10.32782/2524-0072/2024-62-85 (accessed 01 February 2025).
[In Ukrainian].
- RIA.com. (2025). Verified real estate on the map. Retrieved from https://dom.ria.com/uk/
prodazha-kvartir/odessa/ceny/ (accessed 02 February 2025). [In Ukrainian].
- LUN Statistics. (2025). Primary, secondary, and rental market statistics in Odesa. Retrieved
from https://lun.ua/misto/stat/odesa (accessed 03 February 2025). [In Ukrainian].
- LUN City. (2025). "YeOselya" and "YeVidnovlennia": How will these programs help the
primary market in 2025? Retrieved from https://lun.ua/misto/yeoselya-ta-yevidnovlennya-2025
(accessed 03 February 2025). [In Ukrainian].