Standart type apartment market overview | DECEMBER

  • In December 2021, the prices of standard-type apartments in Riga's housing estates increased - they increased by 0.6 % during the month. The average price of standard-type apartments rose to 902 EUR/m². In 2021, the prices of standard-type apartments increased by 12 %.


In December, the supply of apartments in the largest housing estates decreased significantly - at the end of the month it dropped below 800. It should be noted that the supply of apartments in December was also significantly lower than a year earlier.

 

Since the beginning of 2021, in all major housing estates of Riga prices of apartments have generally increased. The largest price increase since the beginning of the year has been observed in Ķengarags (+ 15 %).

 

In December, the supply of apartments in Riga decreased by 16 % compared to the previous month. The number of apartments offered for sale in the largest housing estates of Riga analysed by ARCO REAL ESTATE decreased by 21 %. Compared to December 2020, the supply of apartments was generally lower: the total number of apartments offered for sale was 10 % lower than a year ago, but the supply of apartments in the largest housing estates was 19 % lower than a year ago.

 

Having summarized the number of apartments offered for sale in the housing estates of Riga, it can be concluded that the largest supply of apartments in December was in Purvciems, while the lowest - in Bolderāja.

 

Last month, the number of apartments offered for sale in the largest housing estates of Riga mostly decreased. The number of apartments offered for sale decreased the most in Iļģuciems – by 67 %, while it increased the most in Imanta (+14 %).

 

Compared to the beginning of 2020, in December the prices of standard-type apartments were higher by 10 %. But since the beginning of 2021, prices have increased by 12 %.


11.01.2022.

Recent offers

Read more >
House For sale
8 ist., 3 st., 498 m2
Garkalnes novads, Priedkalne
550 000 EUR
Read more >
Residential land For sale
31000 m2
Ķeguma novads, Sala
185 000 EUR
Read more >
Apartment For rent
1 ist., 1 no 6 st., 57 m2
Rīga, Ziepniekkalns
330 EUR / months
Read more >
Apartment For rent
3 ist., 1 no 6 st., 118 m2
Rīga, Klusais centrs
1 400 EUR / months

Twitter

X

Recently viewed offers

&laqo; »
X

Sell or rent an object