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) | 14.7% | 254 | 49327 € | 1007 €/m² |
| Padomju sērijveida (1946–1993) | 75.0% | 1297 | 16654 € | 362 €/m² |
| Jaunā celtne (1994–2014) | 10.3% | 178 | 96907 € | 2080 €/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 |
|---|---|---|
| Maskavas priekšpilsēta | 1197 €/m² | ▲ 110.4% |
| Imanta | 852 €/m² | ▲ 27.0% |
| Jugla | 647 €/m² | ▲ 12.9% |
| Mežciems | 695 €/m² | ▲ 7.9% |
| Vecmīlgrāvis | 405 €/m² | ▲ 5.6% |
| Neighborhood | Avg. €/m² | Change |
|---|---|---|
| Ķīpsala | 3492 €/m² | ▼ -28.3% |
| Šampēteris-Pleskodāle | 1232 €/m² | ▼ -24.1% |
| Sarkandaugava | 438 €/m² | ▼ -20.4% |
| Ilguciems | 452 €/m² | ▼ -18.5% |
| Teika | 865 €/m² | ▼ -13.8% |
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.