The real estate market in Vilnius remains stable. According to EIKA Development, real estate sales in Vilnius in the first quarter of 2026 were almost the same as in the last quarter of 2025. Developers continue to show high activity, so the supply of apartments in Vilnius should not decrease. The increased activity of buyers, which was predicted with the possibility of withdrawing funds from the second-tier pension funds, has not yet been observed..
According to EIKA Development, 1,664 apartments were sold in Vilnius in the first quarter of 2026, compared to 1,616 in the last quarter of last year.
The most popular were economy class apartments, with 909 sold in Vilnius in the first quarter of 2026, similar to the previous quarter, when 956 apartments in this class were sold.
No significant changes are observed in sales of mid-range apartments either. In the first quarter of 2026, 662 apartments were sold in Vilnius, compared to 610 in the previous quarter. Sales of luxury apartments jumped in the first quarter of this year, with 93 sold, compared to 50 in the previous quarter.
EIKA Development’s market share in the first quarter of this year reached 11.8 percent, exactly the same as in the previous quarter.
The Vilnius real estate market was replenished with 1,084 new apartments in the first quarter of 2026, compared to 1,440 new apartments in the last quarter of 2025.
In total, 3,732 apartments are offered on the market in Vilnius in the first quarter of 2026, of which 2,041 are economy class, 1,327 are medium class, and 364 are prestigious. Compared to the previous quarter, the total supply decreased by 14.6 percent.
Currently, the largest number of apartments to choose from are still under construction – 2,877, 144 are under construction, and 711 are completed.
Apartment prices in Vilnius have grown slightly in the past six months, by about 1.4 percent. In the first quarter of 2026, the average price per square meter of an economy class apartment was 3,378 euros, compared to 3,313 euros in the previous quarter. Accordingly, the price per square meter of a middle class apartment was 4,251 euros, compared to 4,142 euros in the previous quarter. In the prestigious class, the average price per square meter in the first quarter of this year was 6,764 euros, compared to 6,649 euros in the previous quarter.
“The new housing market remains active – compared to the previous quarter, we are observing moderate growth. In the first three months of this year, buyers of the more expensive housing segment were clearly more active – the total number of mid- and luxury-class apartments sold was 14 percent more than in the previous quarter. Despite the fact that the supply this year is almost 600 apartments lower than three months ago, real estate developers remain active, announcing a number of new projects, so the supply should return to its previous level in the spring – large developers alone should offer at least 1,500 apartments to the market in the coming quarter.”
“Although it was widely rumored that people would rush to buy apartments after withdrawing money from pension funds, at least for now we do not see any exceptional jumps in this regard, and buyers are more encouraged to make a decision to purchase or fix housing prices at an early stage of construction by price forecasts and rising inflation,” commented Tomas Žiaugra, Development Director at EIKA Development.