News

20.08.2019
Prices of dwellings in a new residential buildings II quarter of 2019

The average price of dwellings in a new residential building in Montenegro in II quarter of 2019 was 1 206 EUR increase by 11.6% compared with the II quarter of 2018, while it is 17.8% increase compared with the I quarter of 2019.

The average price of dwellings in a new residential building in Podgorica in II quarter of 2019 was 1 204 EUR, in coastal region was 1 368 EUR, in central region 677 EUR, while the average price of dwellings in a new residential building in northern region was 880 EUR.

The differences over the years in 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 II quarter of 2019 was 1 206 EUR, while in category solidarity housing there was no sale of dwellings.


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