Nivora

Real estate market report — Jūnijs 2014

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

1786
Apartment deals
38568 €
Average price
749 €/m² ▲9.0%
Average per m² (vs. previous period)
3088 / 1482
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.

16.7% Vecbūve (līdz 1945) (264 deals)
68.6% Padomju sērijveida (1946–1993) (1083 deals)
14.7% Jaunā celtne (1994–2014) (232 deals)
Building era% of dealsDealsAverage priceAvg. €/m²
Vecbūve (līdz 1945) 16.7% 264 49281 € 1051 €/m²
Padomju sērijveida (1946–1993) 68.6% 1083 16568 € 368 €/m²
Jaunā celtne (1994–2014) 14.7% 232 104324 € 1909 €/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)

749
Jūn 2014

Neighborhoods with the biggest price increase

NeighborhoodAvg. €/m²Change
Imanta 892 €/m² ▲ 33.6%
Šampēteris-Pleskodāle 1677 €/m² ▲ 32.9%
Bolderāja 406 €/m² ▲ 31.6%
Mežciems 717 €/m² ▲ 31.6%
Vecmīlgrāvis 429 €/m² ▲ 21.7%

Neighborhoods with the biggest price drop

NeighborhoodAvg. €/m²Change
Purvciems 711 €/m² ▼ -18.3%
Āgenskalns 945 €/m² ▼ -10.7%
Ilguciems 609 €/m² ▼ -8.2%
Dzegužkalns 1241 €/m² ▼ -7.9%
Dārzciems 571 €/m² ▼ -6.8%

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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.