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) | 15.5% | 293 | 81411 € | 1495 €/m² |
| Padomju sērijveida (1946–1993) | 69.6% | 1314 | 18760 € | 410 €/m² |
| Jaunā celtne (1994–2014) | 14.9% | 282 | 87585 € | 1609 €/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 |
|---|---|---|
| Aplokciems | 1746 €/m² | ▲ 95.9% |
| Grīziņkalns | 848 €/m² | ▲ 73.8% |
| Mežciems | 780 €/m² | ▲ 24.8% |
| Ķengarags | 585 €/m² | ▲ 20.5% |
| Torņakalns | 523 €/m² | ▲ 20.3% |
| Neighborhood | Avg. €/m² | Change |
|---|---|---|
| Sarkandaugava | 564 €/m² | ▼ -21.0% |
| Maskavas priekšpilsēta | 425 €/m² | ▼ -19.5% |
| Daugavgrīva | 344 €/m² | ▼ -15.4% |
| Jugla | 624 €/m² | ▼ -14.9% |
| Zolitūde | 883 €/m² | ▼ -9.4% |
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.