Apartment sales are growing in Vilnius

In March 2024, buyers purchased 269 newly built apartments worth 43 million. euros, shows "Males"data collected by analysts. The average square footage of the apartment sold. the price of the metro was 3 euros.

In March, 25 terminations of contracts were also recorded in the Vilnius real estate market.

Accordingly, 313 apartments were sold in March of last year, and 2022 housing purchases were agreed upon in 152.

In the first quarter of this year, 789 apartments were sold on the Vilnius market (291 in January, 229 in February, 269 in March), which is 20 percent. more than last year, when buyers bought 657 apartments.

Prices have remained unchanged for 18 months already - at the end of March, the average number of vacant apartments per sq. the price of the subway was 1 euros.

In March, 334 newly built apartments were offered to the Vilnius market. In total, buyers in the capital can currently choose from 4 apartments offered by developers on the primary market.

At the beginning of April, the largest supply is in the middle segment - 1 apartments, whose market prices range from 617 eur/sq.m. m up to 3 eur/sq.m. m, and the smallest - in the prestigious segment (150 apartments), the price of which exceeds 3 eur/sq. m. 700 apartments are offered to buyers of economic housing, their prices on the market reach up to 1 eur/sq.m. m.