The average price of dwellings in a new residential building in Montenegro in 2020 was 951 EUR and decreased by 14.6% compared with the 2019. A major impact on a average price per square meter of dwellings in a new residential building in Montenegro in 2020 has the share of the average price per m2 of dwellings which belonging to the category of solidarity housing development, which was significantly higher in the observed year compared to the previously observed year.
The average price of dwellings in a new residential building in Podgorica in 2020 was 966 EUR, in coastal region was 1 348 EUR, in central region 554 EUR, while the average price of dwellings in a new residential building in northern region was 720 EUR.
The average prices of dwellings in a new residential buildings significantly depend on the involvement of solidarity housing development dwellings. If the share of these dwellings increased, the average price of dwellings in a new residential buildings will be significantly lower, or if this share decreased, the average price will be higher.
In the release is shown the average price per the square meter of dwelling in a new residential building according to the following categories: enterprises (average market price) and solidarity housing development. The average market price of dwellings in a new residential building in Montenegro in category enterprises in 2020 was 1 151 EUR, while in category solidarity housing development was 581 EUR.

Release