Nivora

Real estate market report — Marts 2014

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

1926
Apartment deals
38837 €
Average price
726 €/m² ▼-10.3%
Average per m² (vs. previous period)
2866 / 1514
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.

15.7% Vecbūve (līdz 1945) (262 deals)
71.4% Padomju sērijveida (1946–1993) (1188 deals)
12.9% Jaunā celtne (1994–2014) (215 deals)
Building era% of dealsDealsAverage priceAvg. €/m²
Vecbūve (līdz 1945) 15.7% 262 58731 € 1141 €/m²
Padomju sērijveida (1946–1993) 71.4% 1188 18141 € 388 €/m²
Jaunā celtne (1994–2014) 12.9% 215 91838 € 1894 €/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)

726
Mar 2014

Neighborhoods with the biggest price increase

NeighborhoodAvg. €/m²Change
Āgenskalns 897 €/m² ▲ 56.5%
Šampēteris-Pleskodāle 1565 €/m² ▲ 51.6%
Centrs 1583 €/m² ▲ 36.0%
Pļavnieki 705 €/m² ▲ 29.7%
Maskavas priekšpilsēta 463 €/m² ▲ 26.6%

Neighborhoods with the biggest price drop

NeighborhoodAvg. €/m²Change
Torņakalns 261 €/m² ▼ -55.2%
Mežciems 667 €/m² ▼ -26.0%
Čiekurkalns 478 €/m² ▼ -19.3%
Dārzciems 547 €/m² ▼ -15.3%
Vecmīlgrāvis 373 €/m² ▼ -14.3%

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.