The year 2025 became a year of recovery for the real estate market in Vilnius. After a couple of years of stagnation, apartment sales almost doubled, and the market was replenished with a significantly increased supply of new apartments. As the market became more active, apartment prices also grew, which were almost 10 percent higher than in 2024. Tomas Žiaugra, Head of the Development Department at EIKA Development, predicts that 2025 was just an acceleration – this year sales volumes may return to the record numbers recorded in 2021.
In total, 5,886 apartments were sold in Vilnius in 2025, compared to 3,162 in 2024, which means that sales increased by 86 percent.
In 2025, the largest number of apartments were sold in the economy class – 2,899. The number of apartments in this class was almost twice as high as in 2024, when 1,473 apartments were sold.
Sales in the middle class were not far behind, with 2,754 apartments sold, 83 percent more than a year ago. In the prestigious class, 233 apartments were sold during the year, a growth of 27 percent.
In 2025, the supply of new apartments in Vilnius increased significantly. During the year, 32 percent more new apartments were added to the market than in previous years: in 2024, the supply of new apartments in Vilnius was 3,658, in 2025 – 4,832. The supply of new economy-class apartments increased the most, by 64 percent, the supply of middle-class apartments grew by 22 percent, and the supply of new prestigious apartments was 42 percent less than in 2024.
In total, there were 4,372 apartments in the primary housing market of Vilnius at the end of 2025, which is 8 percent more than in 2024. The largest number of apartments was economy class – 2,265, medium – 1,669, and prestigious – 438.
In 2025, apartment prices in Vilnius grew by an average of 9.9 percent. Economy-class apartments rose by 14 percent, reaching 3,313 euros per sq m, middle-class apartments rose by 13.8 percent to 4,142 euros per sq m, and prestigious-class apartments rose by 5.2 percent, reaching 6,649 euros per sq m.
EIKA Development’s market share in 2025 was 9.4 percent, which is 2 percent less than in 2024, when this group indicator was at a record high, but a record number of preliminary housing sales contracts were signed – as many as 540 units.
T. Žiaugra, Director of the Development Department at EIKA Development, notes that in 2025 the volume of new apartment sales is approaching that of 2021, when record housing sales were recorded on the market. At that time, an extremely high, more than 20 percent annual price growth was also recorded, but, according to him, although apartment prices will also grow in the coming years, such a jump should not be repeated.
“Currently, the situation in the real estate market is different than in 2021, because developers are better prepared, they have time to offer new projects to the market, which is why the housing supply, even with a significant increase in demand, remains quite stable. We are also bringing forward the start of construction of the next stages of 3 projects than planned a year ago. And this is the main factor that maintains market stability and prevents housing prices from skyrocketing,” he explains.
According to T. Žiaugra, this year, the growth of prices in a healthy and balanced market should reach about 10 percent.
He is convinced that this year will be very active in the real estate market: “We already know about important changes that will have an impact. Funds from withdrawn pension funds will flow into the market, banks have reduced the first deposit threshold, and shortened the housing maintenance period. All these factors allow us to expect that the market will attract new buyers. We will see what 2026 brings, but it is likely that the 2021 Vilnius new housing transaction record, when almost 6,900 new apartments were sold during the year, may even be challenged.”