In May 2025, real estate sales in Vilnius grew by 25 percent, according to data from real estate development company EIKA Development. In May, 462 apartments were sold in Vilnius, compared to 367 in April. Compared to last year, apartment sales more than doubled – in May 2024, 216 apartments were sold in Vilnius. EIKA Development’s sales in May were the highest this year – it sold 43 apartments.
The growth in apartment sales since the beginning of the year indicates a market recovery. In January of this year, 704 apartments were sold in Vilnius, in February – 482, in March – 440, in April – 367, and in May – 462. Almost every month, the number of sales was double or more than the same month in 2024. Although the number of sales decreased slightly in April, buyers made up for it in May.
In May 2025, the most popular were mid-range apartments, with 220 sold, compared to 104 in the same month last year, so the growth in this class reached more than 111 percent. In May this year, 211 economy-class apartments were sold, compared to 87 last year, the growth reached more than 142 percent. Compared to the previous month, sales of prestigious class apartments jumped, with 31 apartments sold in May, compared to 14 in April. Compared to the previous year, in May 2024, 25 prestigious class apartments were sold, so sales in this class grew by 24 percent.
In May, 249 new apartments were offered to the market in Vilnius, compared to 688 in April and 480 in May last year. In total, there was a supply of 4,600 apartments on the Vilnius market in May, compared to 4,815 in April. In May last year, there were 4,364 apartments on the market, so this year the supply has increased by 5.4 percent.
EIKA Development sold 43 apartments in May, its best result this year. In May last year, EIKA Development sold 27 apartments, so the group’s sales increased by more than 59 percent.
“Apartment sales, which slowed down slightly in April compared to the previous months of this year, returned to the annual average in May. So far, over the past 5 months, more than twice as many new apartments have been sold as last year – the market continues to realize the potential that has been accumulating for more than two years. Although demand is not slowing down, competition among developers remains as new projects continue to supplement the supply, which, it can be said, are balanced market trends,” said Tomas Žiaugra, Development Director at EIKA Development.