The Republic Bureau of Statistics of Serbia records an average price of 166,764 RSD for apartments in the first half of 2020. Prices ranged between RSD 47,514 per square meter in Tutin, to RSD 395,633 in the Belgrade municipality of Savski Venac. Observed by municipalities, apartments were the most expensive in Belgrade, where the average price in urban settlements was 226,589 RSD per square meter. The area of newly built apartments sold averaged 54 square meters.
In addition to Belgrade, Cajetina, Novi Sad, Vrnjacka Banja, Uzice, Kragujevac and three Nis municipalities – Red Cross, Mediana and Palilula – stood out at high prices. The area of sold newly built apartments averaged 54 square meters