A real report on the Latvian real estate market, based on VZD-registered deals.
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.
| Building era | % of deals | Deals | Average price | Avg. €/m² |
|---|---|---|---|---|
| Vecbūve (līdz 1945) | 14.8% | 183 | 37153 € | 780 €/m² |
| Padomju sērijveida (1946–1993) | 73.9% | 914 | 14225 € | 313 €/m² |
| Jaunā celtne (1994–2014) | 11.2% | 139 | 49708 € | 906 €/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.
| Neighborhood | Avg. €/m² | Change |
|---|---|---|
| Āgenskalns | 752 €/m² | ▲ 49.9% |
| Čiekurkalns | 539 €/m² | ▲ 22.7% |
| Ziepniekkalns | 680 €/m² | ▲ 19.7% |
| Ķengarags | 373 €/m² | ▲ 17.1% |
| Dārzciems | 451 €/m² | ▲ 16.5% |
| Neighborhood | Avg. €/m² | Change |
|---|---|---|
| Maskavas priekšpilsēta | 346 €/m² | ▼ -42.7% |
| Imanta | 637 €/m² | ▼ -29.1% |
| Bolderāja | 226 €/m² | ▼ -23.5% |
| Šampēteris-Pleskodāle | 549 €/m² | ▼ -22.5% |
| Sarkandaugava | 371 €/m² | ▼ -20.6% |
Filter by price, area, room count, neighborhood and building era.
Data from the State Land Service's (VZD, data.gov.lv) open data. Calculations are done automatically, without AI-generated analysis.