The asking prices for real estate in the most significant market, in Zagreb, in January were on average 0.5 percent lower compared to December, and they fell by the same amount compared to January 2008, according to an analysis by the Real Estate Center.
A total of 150,000 asking prices were observed, and only those with a highlighted price in the advertisements were taken into account. In the case of multiple listings for the sale of a property, the last listing is considered. According to the Real Estate Center, the average asking price for real estate on the Adriatic remained unchanged compared to December, while it increased by 4.9 percent over the past 12 months. Overall, the average asking price for real estate in Croatia in January 2009 did not record a significant change compared to the previous month. Compared to January 2008, on an annual basis, the asking prices for real estate in Croatia increased by 1.6 percent.
The average asking price for an apartment in Zagreb in January was 1,994 euros per square meter, a decrease of 0.6 percent compared to the previous month, and 2.8 percent compared to January 2008. In relation to apartment prices, the average price per square meter for houses in Zagreb is cheaper by 34 percent. The average asking price for a “square” of a house in Zagreb and its surroundings in January was 1,316 euros and remained at the same level as the previous month. Compared to January 2008, the asking prices for houses increased by 8.9 percent. Prices on the Adriatic showed no significant change compared to the previous month, while on an annual basis they increased by 4.9 percent.
