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) | 12.6% | 212 | 40499 € | 821 €/m² |
| Padomju sērijveida (1946–1993) | 79.4% | 1337 | 14656 € | 326 €/m² |
| Jaunā celtne (1994–2014) | 8.0% | 134 | 79520 € | 1716 €/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 |
|---|---|---|
| Dārzciems | 694 €/m² | ▲ 24.0% |
| Centrs | 1262 €/m² | ▲ 19.7% |
| Jugla | 824 €/m² | ▲ 19.3% |
| Bolderāja | 422 €/m² | ▲ 16.2% |
| Ilguciems | 551 €/m² | ▲ 7.3% |
| Neighborhood | Avg. €/m² | Change |
|---|---|---|
| Maskavas priekšpilsēta | 327 €/m² | ▼ -50.3% |
| Vecmīlgrāvis | 372 €/m² | ▼ -28.7% |
| Šampēteris-Pleskodāle | 422 €/m² | ▼ -28.2% |
| Mežciems | 569 €/m² | ▼ -22.6% |
| Aplokciems | 394 €/m² | ▼ -22.6% |
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.