News

22.02.2021
Prices of dwellings in a new residential buildings IV quarter of 2020

The average price of dwellings in a new residential building in Montenegro in IV quarter of 2020 was 1 007 EUR and decreased by 11.3% compared with the IV quarter of 2019, while it 15.0% increased compared with the III quarter of 2020.
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.
The average price of dwellings in a new residential building in Podgorica in IV quarter of 2020 was 985 EUR, in coastal region was 1 359 EUR, in central region 635 EUR, while the average price of dwellings in a new residential building in northern region was 766 EUR.
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 IV quarter of 2020 was 1 160 EUR, while in category solidarity housing development was 612 EUR.

Release


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