The April real estate market was quieter than in March, but significantly more active than at the start of the year. As is typical for the spring season, the summer home market picked up. A total of 3367 real estate purchase-sale transactions were concluded across Estonia in April, down 6.8% compared with March. The number …
Category: Property sales
March Market Overview: The Market Grew More Active
Although the Estonian real estate market started the year more quietly compared to the same period last year, apartment markets in major cities showed signs of increased activity in March. News from the Middle East remains tense, with strong impacts on oil prices. However, these developments have not yet significantly affected the broader economy, as …
February Market Overview: Upward Price Trend Continues
The beginning of the year confirms that 2026 is progressing under a rising price trend, although the number of transactions in several markets remains somewhat below last year’s levels. As noted by Sten Renar Subatšjus, Head of the Analytics Department, the start of 2026 has provided signals that support the forecast made at the end …
January Market Overview: Apartment Median Price Reached a Record
The start of the year was more modest in terms of transaction volume, yet the median price delivered the strongest result of the past two years. As noted by Sten Renar Subatšjus, Head of our Analytics Department, January was typical in transaction activity – below average, but not unexpected. However, the median price trend was …
December Market Overview: Year-End Reflected the Past
December likewise brought no significant surprises to the real estate market – indicators remained within the year’s average ranges, and the secondary market continues to be the main driver. According to Sten Renar Subatšjus, Head of the Analysis Department at Uus Maa Real Estate Agency, December’s figures likely indicated the course and pace at which …
November Market Overview: The Year’s Most Modest Month
The number of apartment transactions in Tallinn fell just below 700, marking the most modest result of the year and coming in approximately 7% below this year’s average. Estonian Apartment Market The Tallinn apartment market saw 696 transactions, down nearly 13% year-on-year and almost 10% compared to October. The median price per square meter rose 2.5% compared …
October Market Overview: Active Market, Stable Median Prices
Transaction activity in Tallinn’s apartment market remains strong, yet the median price per square metre has stayed virtually unchanged year-on-year. According to Sten Renar Subatšjus, Head of the Analysis Department at Uus Maa Real Estate Bureau, this year’s monthly analyses have been relatively uniform, and this trend is likely to continue. “Unless we see major …
September Market Overview: A Record-Breaking Month for the Market
In September, Tallinn’s apartment market surpassed 800 transactions for the first time this year. Sten Renar Subatšjus, Head of the Analysis Department, noted that the September figures reflect the overall strong performance of the real estate market this year. “While in the first nine months of last year Tallinn averaged around 650 apartment transactions per …
August Market Overview: Tallinn’s apartment market hits 2025 low
According to Uus Maa, Estonia’s largest real estate agency, August showed the lowest activity of the year following a record-breaking July. According to Sten Renar Subatšjus, Head of the Analysis Department at Uus Maa Real Estate, the volatility seen in July and August reflects the ongoing balance in the market. “Throughout this year, the six-month average …
July Market Overview: People Are Tired of Waiting It’s Time to Act
In July, the expected market slowdown following the tax increase did not materialise. Instead, for the first time this year, the number of transactions exceeded the 1 000 mark. According to Sten Renar Subatšjus, Head of the Analysis Department at Uus Maa Real Estate, the economic situation in Estonia and current political decisions do not …