Nivora

Real estate market report — Aprīlis 2012

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

1447
Apartment deals
46307 €
Average price
789 €/m² ▲45.0%
Average per m² (vs. previous period)
2960 / 1202
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.

13.8% Vecbūve (līdz 1945) (176 deals)
76.7% Padomju sērijveida (1946–1993) (980 deals)
9.5% Jaunā celtne (1994–2014) (121 deals)
Building era% of dealsDealsAverage priceAvg. €/m²
Vecbūve (līdz 1945) 13.8% 176 179041 € 3603 €/m²
Padomju sērijveida (1946–1993) 76.7% 980 14605 € 321 €/m²
Jaunā celtne (1994–2014) 9.5% 121 85628 € 1794 €/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)

789
Apr 2012

Neighborhoods with the biggest price increase

NeighborhoodAvg. €/m²Change
Centrs 3451 €/m² ▲ 192.9%
Sarkandaugava 449 €/m² ▲ 41.0%
Zolitūde 811 €/m² ▲ 28.3%
Jugla 546 €/m² ▲ 24.5%
Ziepniekkalns 786 €/m² ▲ 24.0%

Neighborhoods with the biggest price drop

NeighborhoodAvg. €/m²Change
Teika 728 €/m² ▼ -15.4%
Ķengarags 392 €/m² ▼ -13.4%
Maskavas priekšpilsēta 292 €/m² ▼ -12.5%
Pļavnieki 448 €/m² ▼ -12.3%
Mežciems 572 €/m² ▼ -10.1%

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.