Real estate market report — Jūnijs 2012

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

From

Building era

Neighborhood

1542

Apartment deals

26978 €

Average price

531 €/m² ▲3.5%

Average per m² (vs. previous period)

2991 / 1510

Building / land deals

Key insights

Vidējā cena par m² pieauga par 3.5% salīdzinājumā ar iepriekšējo periodu.
77.3% no Rīgā reģistrētajiem dzīvokļu darījumiem šajā periodā bija padomju sērijveida ēkās, savukārt 7.5% - jaunajos projektos (celtos pēc 1994. gada).
Jaunā celtne (1994–2014) dzīvokļi vidēji ir par 37% dārgāki par m² nekā vecbūve (līdz 1945) ēkās.
Lielākais cenu kāpums bija Ilguciems apkaimē (+63.2%).
Kopā reģistrēti 1542 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.

15.2% Vecbūve (līdz 1945) (204 deals)

77.3% Padomju sērijveida (1946–1993) (1037 deals)

7.5% Jaunā celtne (1994–2014) (101 deals)

Building era	% of deals	Deals	Average price	Avg. €/m²
Vecbūve (līdz 1945)	15.2%	204	47051 €	1022 €/m²
Padomju sērijveida (1946–1993)	77.3%	1037	12240 €	285 €/m²
Jaunā celtne (1994–2014)	7.5%	101	81467 €	1396 €/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)

531

Jūn 2012

Neighborhoods with the biggest price increase

Neighborhood	Avg. €/m²	Change
Ilguciems	615 €/m²	▲ 63.2%
Ķīpsala	2188 €/m²	▲ 53.4%
Teika	950 €/m²	▲ 44.7%
Zolitūde	604 €/m²	▲ 14.2%
Imanta	580 €/m²	▲ 10.1%

Neighborhoods with the biggest price drop

Neighborhood	Avg. €/m²	Change
Maskavas priekšpilsēta	172 €/m²	▼ -53.1%
Daugavgrīva	265 €/m²	▼ -28.6%
Šampēteris-Pleskodāle	678 €/m²	▼ -26.4%
Torņakalns	569 €/m²	▼ -25.8%
Dārzciems	480 €/m²	▼ -24.4%

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.