Nivora

Real estate market report — Septembris 2012

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

1792
Apartment deals
32253 €
Average price
623 €/m² ▲23.1%
Average per m² (vs. previous period)
2942 / 1353
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.

17.4% Vecbūve (līdz 1945) (262 deals)
72.1% Padomju sērijveida (1946–1993) (1084 deals)
10.4% Jaunā celtne (1994–2014) (157 deals)
Building era% of dealsDealsAverage priceAvg. €/m²
Vecbūve (līdz 1945) 17.4% 262 47510 € 1040 €/m²
Padomju sērijveida (1946–1993) 72.1% 1084 13529 € 310 €/m²
Jaunā celtne (1994–2014) 10.4% 157 88510 € 1688 €/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)

623
Sep 2012

Neighborhoods with the biggest price increase

NeighborhoodAvg. €/m²Change
Šampēteris-Pleskodāle 1256 €/m² ▲ 115.5%
Daugavgrīva 333 €/m² ▲ 53.1%
Dārzciems 757 €/m² ▲ 45.2%
Imanta 738 €/m² ▲ 33.5%
Āgenskalns 963 €/m² ▲ 20.5%

Neighborhoods with the biggest price drop

NeighborhoodAvg. €/m²Change
Čiekurkalns 91 €/m² ▼ -81.5%
Maskavas priekšpilsēta 307 €/m² ▼ -52.6%
Sarkandaugava 299 €/m² ▼ -43.9%
Bolderāja 258 €/m² ▼ -25.5%
Ķengarags 364 €/m² ▼ -13.3%

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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.