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) | 15.2% | 217 | 46725 € | 937 €/m² |
| Padomju sērijveida (1946–1993) | 75.2% | 1070 | 18049 € | 405 €/m² |
| Jaunā celtne (1994–2014) | 9.6% | 136 | 80969 € | 1418 €/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 |
|---|---|---|
| Zolitūde | 892 €/m² | ▲ 39.3% |
| Vecmīlgrāvis | 471 €/m² | ▲ 35.1% |
| Jugla | 734 €/m² | ▲ 28.3% |
| Imanta | 834 €/m² | ▲ 10.7% |
| Bolderāja | 391 €/m² | ▲ 7.9% |
| Neighborhood | Avg. €/m² | Change |
|---|---|---|
| Šampēteris-Pleskodāle | 713 €/m² | ▼ -48.6% |
| Sarkandaugava | 312 €/m² | ▼ -44.9% |
| Maskavas priekšpilsēta | 440 €/m² | ▼ -34.4% |
| Āgenskalns | 973 €/m² | ▼ -20.9% |
| Ziepniekkalns | 593 €/m² | ▼ -15.1% |
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.