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 second half of 2023 amounted to RSD 207 103, presenting the decrease of 4.8% compared to the second half of 2022. Apartment prices in the observed period ranged from 48 344 dinars per m² in Bujanovac to 495 981 dinars in the Belgrade municipality Savski venac.
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