Property Prices Steady in March – Still Down Year-on-Year

March real estate statistics show that asking prices for properties have dropped 1.8% in the last 12 months in Croatia, according to property portal Centar Nekretnina…

The average asking price for real estate remained steady in March – with levels the same as in February, however it was not the case on the yearly level, with declines in most regions of the country. In the capital Zagreb, March statistics show that the average asking price for property has fallen 3.8% from March 2013. The average asking price today for an apartment in Zagreb in 1,565 euros per square metre.

Asking prices on Croatia’s coast rose slightly in March, up 0.1% from February, but still down 1.8% from March 2013. The average asking price of a house on the coast in March was 1,573 euros per square metre, while apartments were more expensive – currently an average of 2,036 euros per square metre. Four counties – Dubrovnik, Split, Primorje-Gorski Kotar and Istria – saw the average asking prices climb above 2,000 euros per square metre, while Zadar in Dalmatia was 1,602 euros per square metre.