Real estate market report — Jūlijs 2025

A real report on the Latvian real estate market, based on VZD-registered deals.

From

Building era

Neighborhood

2392

Apartment deals

52129 €

Average price

1101 €/m² ▼-0.5%

Average per m² (vs. previous period)

2802 / 1563

Building / land deals

Key insights

Vidējā cena par m² samazinājās par 0.5% salīdzinājumā ar iepriekšējo periodu.
63.8% no Rīgā reģistrētajiem dzīvokļu darījumiem šajā periodā bija padomju sērijveida ēkās, savukārt 20.6% - jaunajos projektos (celtos pēc 1994. gada).
Jaunākie projekti (2015+) dzīvokļi vidēji ir par 90% dārgāki par m² nekā vecbūve (līdz 1945) ēkās.
Lielākais cenu kāpums bija Čiekurkalns apkaimē (+52.1%).
Kopā reģistrēti 2392 dzīvokļu darījumi Rīgā šajā periodā.

Deal breakdown by building era

Older buildings and newer developments don't just cost differently — they also make up very different shares of the total deal count. This chart shows what percentage of all this period's apartment deals happened in each era.

15.6% Vecbūve (līdz 1945) (371 deals)

63.8% Padomju sērijveida (1946–1993) (1514 deals)

10.6% Jaunā celtne (1994–2014) (251 deals)

10.0% Jaunākie projekti (2015+) (237 deals)

Building era	% of deals	Deals	Average price	Avg. €/m²
Vecbūve (līdz 1945)	15.6%	371	61350 €	1395 €/m²
Padomju sērijveida (1946–1993)	63.8%	1514	32561 €	717 €/m²
Jaunā celtne (1994–2014)	10.6%	251	87624 €	1760 €/m²
Jaunākie projekti (2015+)	10.0%	237	127318 €	2653 €/m²

How it's calculated: the building era is determined by the year VZD registered the building as put into service (not the \"building series\" mentioned in listings — that's available for real transaction data too rarely to base reliable statistics on). Eras: Pre-war — {% trans "līdz 1945. gadam" %}; Soviet-era prefab — 1946–1993 ({% trans "galvenokārt tipveida paneļu un ķieģeļu mājas" %}); New building — 1994–2014; Newest developments — 2015 and later. Percentages are calculated from deals where the building year is known; eras with fewer than 5 deals in the period aren't shown separately.

Price trend (€/m² by month)

1101

Jūl 2025

Neighborhoods with the biggest price increase

Neighborhood	Avg. €/m²	Change
Čiekurkalns	1397 €/m²	▲ 52.1%
Aplokciems	1754 €/m²	▲ 35.7%
Maskavas priekšpilsēta	1081 €/m²	▲ 31.0%
Krasta ielas rajons	1858 €/m²	▲ 30.3%
Bolderāja	693 €/m²	▲ 28.0%

Neighborhoods with the biggest price drop

Neighborhood	Avg. €/m²	Change
Sarkandaugava	651 €/m²	▼ -24.1%
Daugavgrīva	581 €/m²	▼ -15.0%
Zolitūde	1234 €/m²	▼ -13.0%
Ziepniekkalns	1095 €/m²	▼ -12.1%
Ilguciems	813 €/m²	▼ -7.9%

See all deals in this period

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Data from the State Land Service's (VZD, data.gov.lv) open data. Calculations are done automatically, without AI-generated analysis.