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) | 15.6% | 300 | 67266 € | 1276 €/m² |
| Padomju sērijveida (1946–1993) | 75.7% | 1459 | 15193 € | 338 €/m² |
| Jaunā celtne (1994–2014) | 8.8% | 169 | 84765 € | 1615 €/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 |
|---|---|---|
| Grīziņkalns | 786 €/m² | ▲ 46.9% |
| Pļavnieki | 692 €/m² | ▲ 24.9% |
| Zolitūde | 1076 €/m² | ▲ 16.7% |
| Dārzciems | 522 €/m² | ▲ 16.5% |
| Centrs | 1384 €/m² | ▲ 12.4% |
| Neighborhood | Avg. €/m² | Change |
|---|---|---|
| Maskavas priekšpilsēta | 380 €/m² | ▼ -68.2% |
| Imanta | 595 €/m² | ▼ -30.2% |
| Ķīpsala | 2484 €/m² | ▼ -28.9% |
| Vecmīlgrāvis | 306 €/m² | ▼ -24.6% |
| Jugla | 549 €/m² | ▼ -15.2% |
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.