The Statistical Office of the Republic of Serbia has used the available administrative data source for the calculation of the average price of new construction dwellings, which is kept by the Republic Geodetic Authority, since 2019. All new construction dwellings sold in urban settlements are included, and the average prices of new construction buildings are calculated on the basis of these data. In this way, full coverage and price calculation were ensured for all municipalities where the sale of three or more new construction dwellings was registered.
Average prices of new construction dwellings in the Republic of Serbia in the first half of 2024 amounted to RSD 215 481, presenting the increase of 0.8% compared to the first half of 2023. Dwellings’ prices in the observed period ranged from RSD 61 013 per m2 in Bujanovac up to RSD 520 616 in Belgrade municipality Savski venac.
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