Vilnius apartment prices up for eighth month in a row
The Ober-Haus Lithuanian apartment price index (OHBI) shows that in September 2013 apartment prices in the five major Lithuanian cities (Vilnius, Kaunas, Klaipėda, Šiauliai and Panevėžys) increased by 0.1%. The same increase was recorded in August. This increase decreased the annual rate of decline to 0.1% and it was the smallest negative annual decline during last 22 months.
Positive index change in September was influenced by raised apartment prices in Vilnius and Šiauliai. During the first month of autumn prices grew by 0.2% in capital. This is the eighth month in a row, when price growth is observed in Vilnius. The average apartment price reached 1,204 EUR (+3 EUR/sqm). During a year apartment prices in capital increased by 1.2%, and since the last lowest price level (May 2010) have raised 4.3% (+50 EUR/sqm). 0.4% price increase was recorded in Šiauliai in September; the average apartment price reached 550 EUR (+2 EUR/sqm).
In September a decrease of 0.2% of apartment prices was recorded in Kaunas and Klaipėda, the average price per square metre dropped to 931 EUR (-2 EUR/sqm) and 956 EUR (-2 EUR/sqm). Apartment prices in Panevėžys haven‘t change and remained the same as in August – 515 EUR/sqm.
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Optimism continues to support housing price growth
The August 2026 value of the „Ober-Haus“ Lithuanian Apartment Price Index (OHBI), which tracks apartment price changes in the five largest cities in Lithuania (Vilnius, Kaunas, Klaipėda, Šiauliai and Panevėžys), increased by 1.8%. Over the past 12 months, the overall apartment price level in Lithuania’s major cities rose by 13.7% (in July 2026, annual growth stood at 12.9%). In August 2026, apartment sale prices in Vilnius, Kaunas, Klaipėda, Šiauliai and Panevėžys increased by 1.6%, 2.1%, 2.3%, 1.0% and 1.3%, respectively. The average price per square metre reached €3,170 (+€50/m²), €2,300 (+€47/m²), €2,080 (+€48/m²), €1,429 (+€14/m²) and €1,393 (+€18/m²), respectively. Over the year (August 2026 compared with August 2025), apartment prices increased in all major cities across Lithuania: by 12.7% in Vilnius, 16.4% in Kaunas, 12.9% in Klaipėda, 15.8% in Šiauliai and 14.6% in Panevėžys. “Despite considerable expectations regarding the impact of the second-pillar pension reform and changes to the Responsible Lending Regulations on the Lithuanian housing market, we have not observed a significant surge in market activity recently. According to data from the State Enterprise Centre of Registers, 2.5% more apartments and houses were purchased in Lithuania this August than in the same month last year, but 4.7% fewer than…
New residential development “Keturlapio skveras” completed in Didieji Gulbinai
A new residential development, “Keturlapio skveras”, has been completed in Didieji Gulbinai, Vilnius, next to Verkiai Regional Park and Lake Gulbinas. The project, located on Sėkmės Street, comprises 24 A++ energy-class semi-detached homes, with sales progressing actively. The development features four- and five-bedroom, one- and two-storey homes ranging from 130 to 170 sq. m, set on plots of 6 to 9 ares. The homes are being sold with partial finishes, completed terraces and fully landscaped surroundings. “Keturlapio skveras” has been designed as a cohesive, gated residential development. The site will be fenced, with controlled access, street lighting and a video surveillance system. The internal road ends in a cul-de-sac, ensuring that there is no through traffic within the development. Residents will also have access to an 18-are recreational park featuring illuminated pathways, a children’s playground and a landscaped leisure area. “This project is aimed at buyers looking for a premium home who value a thoughtfully planned environment, proximity to nature and a strong sense of community. Here, it is not just about the house and its plot – the project also creates the infrastructure of the entire development and a shared recreational space. Particular attention has been paid to the…
New residential development “Santariškių ŠILAS” under construction in Santariškės
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