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) | 17.8% | 316 | 43001 € | 1048 €/m² |
| Padomju sērijveida (1946–1993) | 64.4% | 1145 | 21728 € | 481 €/m² |
| Jaunā celtne (1994–2014) | 7.0% | 125 | 69332 € | 1429 €/m² |
| Jaunākie projekti (2015+) | 10.8% | 193 | 105128 € | 2321 €/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 |
|---|---|---|
| Mežciems | 1440 €/m² | ▲ 52.6% |
| Purvciems | 1273 €/m² | ▲ 44.2% |
| Āgenskalns | 1356 €/m² | ▲ 28.9% |
| Daugavgrīva | 527 €/m² | ▲ 28.8% |
| Centrs | 1634 €/m² | ▲ 17.6% |
| Neighborhood | Avg. €/m² | Change |
|---|---|---|
| Šampēteris-Pleskodāle | 947 €/m² | ▼ -19.8% |
| Jugla | 709 €/m² | ▼ -14.0% |
| Torņakalns | 1422 €/m² | ▼ -12.2% |
| Pļavnieki | 911 €/m² | ▼ -10.0% |
| Ķengarags | 673 €/m² | ▼ -8.1% |
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.