Nivora

Real estate market report — Jūnijs 2015

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

1672
Apartment deals
29898 €
Average price
569 €/m² ▲2.0%
Average per m² (vs. previous period)
2843 / 1359
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.

13.6% Vecbūve (līdz 1945) (207 deals)
75.5% Padomju sērijveida (1946–1993) (1145 deals)
10.9% Jaunā celtne (1994–2014) (165 deals)
Building era% of dealsDealsAverage priceAvg. €/m²
Vecbūve (līdz 1945) 13.6% 207 36296 € 702 €/m²
Padomju sērijveida (1946–1993) 75.5% 1145 15609 € 347 €/m²
Jaunā celtne (1994–2014) 10.9% 165 101958 € 2073 €/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)

569
Jūn 2015

Neighborhoods with the biggest price increase

NeighborhoodAvg. €/m²Change
Čiekurkalns 911 €/m² ▲ 50.0%
Daugavgrīva 517 €/m² ▲ 40.8%
Sarkandaugava 499 €/m² ▲ 10.9%
Ilguciems 628 €/m² ▲ 8.0%
Zolitūde 754 €/m² ▲ 3.0%

Neighborhoods with the biggest price drop

NeighborhoodAvg. €/m²Change
Āgenskalns 784 €/m² ▼ -25.7%
Dārzciems 552 €/m² ▼ -19.4%
Mežciems 871 €/m² ▼ -17.9%
Imanta 660 €/m² ▼ -15.9%
Grīziņkalns 464 €/m² ▼ -15.6%

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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.