Falling sq. m. price: Here are the neighborhoods where prices have fallen the most.
The trend of price stabilization continues in the real estate market. This is confirmed by the official data, according to which in September the prices for square meters in most areas remained unchanged, and in some areas even slightly decreased. In Belgrade and Novi Sad, the prices fell by almost 3 percent, while in Niš the prices of square meters remained at zero.
Despite the decline in prices on the real estate market, the cost of square meters is still significantly higher compared to previous years. The capital continues to lead in this indicator compared to other Serbian cities, and even after the price decrease, there are no squares below 3000 euros in the central districts. Bleek recommends A square meter in Belgrade has fallen in price by almost 3 percent''The price per square meter in Belgrade fell by 2.96 percent last month, especially in Palilula. This area at one point had the highest price increase compared to other Belgrade neighborhoods. The current price of a square meter in Palilule is around 2,394 euros. A decrease in the price of a square meter also occurred in the city center. Here, the price of a square meter in September decreased by 2.23 percent, and the average price is 3,333 euros. One of the most sought-after areas in recent years, Mirijevo district, also experienced a 1.64 percent decrease in the price per square meter, and now the average price in this area is 1863 euros.
Photo: Vladimir Zivojinovic / RAS Serbia A square meter in Belgrade has fallen in price by almost 3 percent Significantly''The price per square meter in Vračar decreased less, by 0.24 percent, resulting in an average price per square meter of about 3,353 euros. This shows that Vračar is still one of the most expensive districts in terms of real estate prices. In Novi Belgrade, the price of square meters increased by 1.76 percent in the mentioned period and now costs around 2,714 euros, while in Vojdovac the price is 0.24 percent lower compared to the previous month and stands at 2,495 euros.
The price per square meter in Niš remains unchanged, while in Kragujevac it is higher. The price of a square meter in Nišu remained unchanged in all major areas. Bulevar Nemanjica keeps the price per square meter at 1650 euros, Pantelej - 1500 euros. In the territory of Durlan, the price per square meter remained the same as a month earlier - 1450 euros, and in Palilula - 1500 euros. Photo: K. Kamenov / RAS Serbia The square meter in Niš is unchanged, while in Kragujevac the price is higher The urban area in Kragujevac continues to grow in September - by 1.23 percent, where the average price per square meter is 1,396 euros. В''At the same time, in the urban area in Pančevo, the price per square meter fell by 0.73 percent and now stands at around 1,400 euros.
According to the RGZ, despite the lull in the real estate market, the sector is still at a higher level compared to pre-epidemic values. Data from this institution shows that the total amount of money used to buy real estate amounted to 3.3 billion euros, 7 percent less than in the same period of the previous year, while the total number of transactions in the real estate market in the first half of 2023 amounted to 60,014, 12 percent less than in the second quarter of 2022. Want Bleach Business to provide you with the latest and exclusive insights on the economy and developments in the business world, read about success''and failures of Serbian entrepreneurs, as well as cases that will bring a new era of business in Serbia and the world. Become part of a club of tens of thousands of managers. Sign up for the newsletter and expect the most relevant and exclusive information in your mail.
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