Wednesday, October 14, 2026
    Real Estatereport

    Fewer Deals, Bigger Tickets: Lebanon Property Sales Hit $4.55 Billion

    September was the busiest month of 2026, with 6,589 sales worth LBP 71.99 trillion.

    2 min readOctober 14, 2026
    Aerial view of Beirut’s dense skyline of residential towers and apartment buildings along the Mediterranean coast, with the port and mountains in the background

    Lebanon recorded 6,589 real estate sales in September 2026, the highest monthly count so far this year. That is 1,444 more deals than in August, a jump of 28.07%. The money moved even faster: the value of those sales climbed 61.90% in a single month to LBP 71.99 trillion, or roughly $804 million at the official rate of LBP 89,500 per dollar.

    The figures come from Lebanon's Directorate General of Land Registry and Cadastre, compiled by the economic research unit at Credit Libanais.

    A Strong Month Inside a Quieter Year

    Zoom out to the first nine months and the story shifts. Buyers closed 41,138 sales between January and September, 20.40% fewer than the 51,683 signed over the same stretch of 2025.

    Yet total value still grew. Sales were worth LBP 407.10 trillion by the end of September, about $4.55 billion, up 3.30% from LBP 394.09 trillion a year earlier. Put simply, fewer people are buying property in Lebanon, but each buyer is spending more.

    Average Sale Now Above $110,000

    September's average transaction came in at LBP 10.93 billion, about $122,080. In August it was LBP 8.64 billion, roughly $96,570, so the average rose 26.42% in one month.

    Across the full nine months, the average sale reached LBP 9.90 billion, or around $110,570. A year ago that figure stood at LBP 7.63 billion, close to $85,200, which makes the increase 29.78%.

    A rising average alongside a falling deal count can mean buyers are moving toward larger or pricier properties, that prices themselves are climbing, or a mix of both. The registry figures do not break sales down by property type, so they cannot settle which one is driving the trend.

    Measuring 2026 Against Last Year's Record

    Lebanon closed 2025 with 70,981 property sales worth LBP 551.05 trillion. With one quarter still to go, 2026 has already reached about 74% of that value but only 58% of the deal count.

    Older years need a careful read. Between 2021 and 2023, the country signed far more sales than it does today, 110,094 in 2021 and 79,990 in 2022, yet their totals in lira look tiny next to recent figures. Lebanon's currency collapse and the repeated resetting of the official exchange rate mean lira values from that period cannot be compared directly with 2024 onward.

    Foreign Buyers Pull Back

    Foreigners made up 1.47% of property sales by September 2026. Their share was 2.09% in 2025 and 2.36% in 2024, the highest level since 2021. The low point in that period came in 2022, at 1.04%.

    That leaves the market almost entirely in local hands. Roughly 98.5% of this year's property sales went to Lebanese buyers.

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