The purchase of your own apartment in the Federation of BiH for people with average or below-average income is becoming less running.
Namely, although in the past four years, the average salary increased by almost 400 KM, due to drastic growth in real estate prices last year compared to 2021. year could buy less housing.
Traffic and prices
This data was presented in the state of the state of the real estate market in the Federation of BiH for last year, which published the Federal Administration for Geodetic and Property and Legal Affairs.
According to the mentioned document of the General and Property Administration, the purchasing power index of housing real estate is an economically indicator based on the ratio of average salary and the average price of a square meter of the apartment or house. This index shows how much residential real estate is affordable to citizens with respect to their income.
Thus, the purchasing power index shows that the average net salary in 2024. year could buy 0.54 m2 of the apartment or 1.69 m2 of the house. It is a beach of 1373 km.
“If we take into account that the average apartment in the Federation of BiH has 55 m2, a person with an average salary in 2024. year it took him to buy it exclusively to buying an apartment,” the real estate market in the state of the Last year.
Four years earlier, ie 2021. year, the average salary in the Federation of BiH was 996 km and could be purchased for it 0.56 m2 of apartment. Comparisons are working, the average salary in the FBiH 2022. was 1114 KM, and 0.55 m2 of apartment could be purchased.
The same surface could be purchased in 2023. years, but for the average salary in the amount of 1261 KM. According to the data referred to in the mentioned report, in the four-year period the average price of the apartment in the Federation of BiH increased by as much as 765 km. In the same period, the average price of a square meter of the house is higher in just 130 km.
The largest growth of the price of a square meter of the apartment happened in the period from 2021. until 2022. year, when he jumped at the 2020 km from 1756 km. During the last year, the average price of a square meter of the apartment was 2530 km. The total number of registered sales contracts related to houses and apartments in the house is 3109, and there are 3208 real estate classified as an apartment and 65 properties classified as an apartment in the house. The largest volume of traffic traffic in 2024. It was registered in Novi Sarajevo, Tuzla, Center Sarajevo, Mostar, the new city of Sarajevo and Zenica.
Cities and demand
The highest average price of apartments per square meter in the Federation of BiH was realized in the municipality of Neum. However, there is the holiday apartments, while the highest average price of apartments and this year are realized in the municipality of Centar Sarajevo and the Old Town of Sarajevo. The highest realized price of the apartment in the Federation of BiH has been used in 2024. It is in the area of the Municipality of Novo Sarajevo and its total price was 712,000 KM, and the useful area of that apartment is 105 m2.
The growth trend of real estate prices, especially in attractive locations, continued to grow in 2025. Years, and real estate traders believe that the time of cheap square is the past and that it can hardly expect a price drop in prices. The fact that in the Federation of BiH, especially in cities such as Mostar and Sarajevo, in the Federation of BiH, are still significantly higher than the offer, writes Radio Sarajevo.
