Nivora

Real estate market report — Augusts 2026

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

85
Apartment deals
45091 €
Average price
1027 €/m² ▼-2.3%
Average per m² (vs. previous period)
88 / 19
Building / land deals

Key insights

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.

15.0% Vecbūve (līdz 1945) (12 deals)
85.0% Padomju sērijveida (1946–1993) (68 deals)
Building era% of dealsDealsAverage priceAvg. €/m²
Vecbūve (līdz 1945) 15.0% 12 49128 € 1437 €/m²
Padomju sērijveida (1946–1993) 85.0% 68 36984 € 840 €/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)

1027
Aug 2026

Neighborhoods with the biggest price increase

NeighborhoodAvg. €/m²Change
Centrs 2540 €/m² ▲ 158.6%
Purvciems 963 €/m² ▼ -24.3%

See all deals in this period

Filter by price, area, room count, neighborhood and building era.

Explore deals →

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