The average price of dwellings in a new residential building in Montenegro in II quarter of 2020 was 1 000 EUR and decreased by 17.1% compared with the II quarter of 2019, while it 6.4% increased compared with the I quarter of 2020. A major impact on a average price per square meter of dwellings in a new residential building in Montenegro in II quarter of 2020 has the share of the average price per m2 of dwellings which belonging to the category of solidarity housing development.

The average price of dwellings in a new residential building in Podgorica in II quarter of 2020 was 974 EUR, in coastal region was 1 229 EUR, in central region 669 EUR, while the average price of dwellings in a new residential building in northern region was 845 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 II quarter of 2020 was 1 119 EUR, while in category solidarity housing development was 665 EUR.

Release