Analysis of Factors Influencing Private Land Market in Lithuania

The article analyzes private land sales in administrative territories of Lithuania during the period of 2015-2016. The aim of the research is to determine the intensity of land sales and the reasons affecting land market prices that are not the same in the individual municipalities. The regression analysis has shown that the size of towns located in the municipality, and the portion of land owned by legal persons in the entire private agricultural land area affect the agricultural land market activity, whereas the market price is affected by the land economic value, land use intensity and size of towns located in the municipality. The size of towns located in the municipality and housing indicators of population affect market activity of land plots purchased for housing. Land prices of household plots in towns are influenced by the size of the town, distance from a regional center and population stability.