A quarter measured in dollars and deals
Lebanon's General Directorate of Land Registry and Cadastre (LRC) recorded 11,483 real estate transactions worth USD 1,211.8 million in the first quarter of 2026. The figures, published by BLOMINVEST Bank's research desk on May 18, cover every deal logged across the country's regional registries through March.
The average transaction value works out to roughly USD 105,500. That figure puts the quarter on a steady commercial footing, with property continuing to function as one of the few Lebanese asset classes where buyers and sellers consistently close in cash dollars.
Beirut and Metn pull the weight
March's regional breakdown shows the country's two largest property markets absorbed most of the spend. Beirut captured the largest share of March transaction value at 28.91 percent, or USD 101.035 million. Metn followed at 22.94 percent, or USD 80.18 million. Together, the two areas accounted for more than half of every dollar that moved through the land registry that month.
The South and Nabatieh regions barely registered. BLOMINVEST notes that almost no transactions were reported or transacted in those areas during the period.
What dollar pricing means for the market
Real estate has continued to operate as one of Lebanon's most active cash markets since the 2019 banking crisis, with most deals settled in physical dollars outside the formal banking system. That mechanism has kept the property market open even while bank transfers remain restricted for most account holders.
BLOMINVEST's research dashboard lists the official exchange rate at 89,700 LBP per dollar. A consistent reference rate makes it easier for buyers and sellers to converge on a price without the kind of currency dispute that stalled deals in 2022 and 2023.
The April and May data is next
April and May 2026 figures from the General Directorate of Land Registry are due in the coming weeks. Those releases will show whether the Q1 pace held into the second quarter and whether the spend stayed concentrated in Beirut and Metn or started broadening into Keserwan, Baabda, and the Bekaa.
The full BLOMINVEST report is available on its research blog, alongside the regional value chart for March.
