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) | 13.9% | 270 | 39687 € | 904 €/m² |
| Padomju sērijveida (1946–1993) | 68.6% | 1334 | 20447 € | 461 €/m² |
| Jaunā celtne (1994–2014) | 5.6% | 109 | 82733 € | 1629 €/m² |
| Jaunākie projekti (2015+) | 11.9% | 232 | 84524 € | 1821 €/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 |
|---|---|---|
| Āgenskalns | 1467 €/m² | ▲ 74.3% |
| Maskavas priekšpilsēta | 823 €/m² | ▲ 51.6% |
| Teika | 1499 €/m² | ▲ 48.1% |
| Mežciems | 1133 €/m² | ▲ 21.0% |
| Sarkandaugava | 722 €/m² | ▲ 20.9% |
| Neighborhood | Avg. €/m² | Change |
|---|---|---|
| Aplokciems | 335 €/m² | ▼ -60.3% |
| Čiekurkalns | 708 €/m² | ▼ -28.6% |
| Šampēteris-Pleskodāle | 1031 €/m² | ▼ -23.0% |
| Vecmīlgrāvis | 554 €/m² | ▼ -22.4% |
| Bolderāja | 485 €/m² | ▼ -22.0% |
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.