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According to data from the 1Partner LT 1PI house price index, the total level of apartment prices on the Vilnius secondary market increased by 16.4% for 8 months this year. (241 euros / m2) to 1709 euros / m2. subway. In Kaunas, the average rise in apartment prices reached 22.4 percent. (217 EUR / m2) to 1185 EUR / m2. subway. The rise in apartment prices was slightly slower in Klaipėda: 14.8 percent. (151 euros / m2) to 1166 euros / m2. m, writes in a press release.
During August. In Vilnius, the average price of apartments increased by 1.9 percent. (32 euros / m2), in Kaunas – 3.1 percent. (36 euros / m2), in Klaipeda – 2.2 percent. (25 euros / m2).
In Vilnius, in the central part of the city, in the old town, Naujamiestis, Žvėrynas, Užupis, the prices of old-build apartments increased by 18.7% for 8 months this year. (405 EUR / m2) to 2577 EUR / m2. subway. During the month, the price in this area increased 1.3 percent. (33 euros / m2).
In the sleeping districts closest to the center, where most of the old-build reinforced concrete apartment buildings, i.e. in Žirmūnai, Baltupiai, part of Antakalnis and Šnipiškės, the prices of old-build apartments have increased by 15 , 5% from the beginning of this year. . (228 EUR / m2) to 1,698 EUR / m2. subway. During the month, the price was up 2.5 percent. (42 euros / m2).
In the southern part of the capital, which includes Naujininkai and Vilkpėdė, apartments have risen in price by 9.5 percent during the 8 months of this year. (137 EUR / m2) to 1582 EUR / m2. subway. During the month, the price increased 0.9 percent. (14 euros / m2).
In the area of the Soviet-built sleeper districts, which includes Lazdynai, Karoliniškės, Viršuliškės, Justiniškės, Šeškinė and Fabijoniškės in August. At the end of 2006, the average price of old-build apartments was 1,352 euros / m2. my increased by 17.6 percent in 8 months. (203 EUR / m2). During the month, the price rose 2.8 percent. (37 euros / m2).
In Pilaitė, for 8 months this year, the average price of old-build apartments increased by 17.6 percent. (205 euros / m2) to 1,367 euros / m2. subway. During the month – 1.6 percent. (22 euros / m2).
In the northern part of the city, including the districts of Tarandė, Perkūnkiemis, Bajorai, Visorių and Santariškės, apartment prices increased by 12.9% during the eight months of this year. (195 euros / m2) to 1715 euros / m2. subway. During the month, the price increased 0.7 percent. (12 euros / m2).
In the center of Kaunas, in the old town, the average price of apartments increased by 14.0 percent during the 8 months of this year. (214 euros / m2) to 1746 euros / m2. subway. During the month, the price increased 0.6 percent. (11 euros / m2).
In the northern part of Kaunas, which mainly includes multi-apartment buildings built during the Soviet era, the average price of old-build apartments increased by 21.8% during the 8 months of this year. (204 euros / m2) to 1,141 euros / m2. subway. During the month, the price rose 3.3 percent. (37 euros / m2).
In the western part of the city, including Vilijampolė, Šilainius, the average price of old-build apartments increased by 29.5 percent for 8 months this year. (261 EUR / m2) to 1146 EUR / m2. subway. During the month, the price rose 3.6 percent. (39 euros / m2).
In the center of Klaipeda, Old Town, for 8 months this year, the average price of apartments increased by 16.9 percent. (221 euros / m2) to 1526 euros / m2. subway. During the month, the price increased 0.7 percent. (11 euros / m2).
In the southern part of Klaipeda, located closer to the city center, the average price of apartments increased by 13.1 percent during 8 months this year. (139 euros / m2) to 1201 euros / m2. subway. During the month, the price rose 2.4 percent. (29 euros / m2).
In the old-building southern neighborhoods a little further from the center, the median price has risen 15.9 percent since the beginning of this year. (138 euros / m2) to 1011 euros / m2. subway. During the month, the price rose 2.7 percent. (27 euros / m2).
In the northern part of Klaipeda, where there is much more newly built housing, during the 8 months of this year, apartment prices on the secondary market increased by 11.3 percent. (173 EUR / m2) to 1703 EUR / m2. subway. During the month, the price rose 1.1 percent. (19 euros / m2).
According to Viktoras Račkovskis, director of 1Partner LT, in the Vilnius apartment market, after a short hiatus, we are again seeing accelerated price growth, but there is some concern about the further decrease in transaction volumes. According to data from the State Enterprise Center of Registers, 693 apartments were sold on the Vilnius secondary market in August, representing 7.1 percent. less than in July. Transactions are declining for the third consecutive month, which is evidenced by the deterioration in the liquidity of the apartments. In other words, sellers are asking for and receiving higher prices, but it is clear that buyers already have much longer to wait. The growth of apartment prices in Kaunas and Klaipėda is still rapid, although downward trends in transactions are also beginning to emerge in these cities, also indicating a deterioration in liquidity, which can make it difficult for Sellers will raise apartment prices for years to come. future.
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