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% | 270 | 49385 € | 977 €/m² |
| Padomju sērijveida (1946–1993) | 75.6% | 1382 | 15163 € | 335 €/m² |
| Jaunā celtne (1994–2014) | 9.6% | 176 | 88789 € | 1719 €/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 |
|---|---|---|
| Sarkandaugava | 542 €/m² | ▲ 73.9% |
| Šampēteris-Pleskodāle | 1190 €/m² | ▲ 67.0% |
| Dārzciems | 805 €/m² | ▲ 49.6% |
| Ilguciems | 543 €/m² | ▲ 32.2% |
| Ziepniekkalns | 752 €/m² | ▲ 26.9% |
| Neighborhood | Avg. €/m² | Change |
|---|---|---|
| Vecmīlgrāvis | 316 €/m² | ▼ -33.0% |
| Mežciems | 597 €/m² | ▼ -27.9% |
| Bolderāja | 283 €/m² | ▼ -27.8% |
| Imanta | 694 €/m² | ▼ -16.8% |
| Ķengarags | 382 €/m² | ▼ -16.0% |
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.