Lithuania, Real Estate

This price dynamics is revealed by the Lithuanian apartment price index (OHBI) of real estate company Ober-Haus that registers changes in apartment prices in the five major Lithuanian cities (Vilnius, Kaunas, Klaipeda, Siauliai and Panevezys).

In September, the average price per square metre in Vilnius increased to EUR 1,204/sqm. Within a year, apartment prices in Vilnius rose by 1.2%.

Assessing cumulated apartment prices in the largest cities of the country, they have slightly increased by 0.1% in September. The increase was mostly influenced by the rise in Vilnius apartment price as well as by the rise in Siauliai apartment prices (0.4%). The average price per square metre in Siauliai increased by EUR 2.3 to EUR 550/sqm.

In September, Kaunas and Klaipeda saw a 0.2% decrease in apartment prices: the average price per square metre in Kaunas declined by EUR 1.7 to EUR 931/sqm, while in Klaipeda it declined by EUR 2 to EUR 960/sqm. In Panevezys apartment prices remained the same as in August – EUR 515/sqm.