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) | 14.9% | 240 | 65525 € | 1300 €/m² |
| Padomju sērijveida (1946–1993) | 76.4% | 1231 | 15597 € | 346 €/m² |
| Jaunā celtne (1994–2014) | 8.7% | 141 | 80895 € | 1589 €/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 |
|---|---|---|
| Imanta | 784 €/m² | ▲ 36.0% |
| Mežciems | 1062 €/m² | ▲ 33.8% |
| Vecmīlgrāvis | 465 €/m² | ▲ 25.5% |
| Šampēteris-Pleskodāle | 919 €/m² | ▲ 22.8% |
| Maskavas priekšpilsēta | 467 €/m² | ▲ 21.9% |
| Neighborhood | Avg. €/m² | Change |
|---|---|---|
| Čiekurkalns | 607 €/m² | ▼ -22.4% |
| Aplokciems | 180 €/m² | ▼ -20.0% |
| Daugavgrīva | 367 €/m² | ▼ -17.8% |
| Grīziņkalns | 549 €/m² | ▼ -16.2% |
| Centrs | 1475 €/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.