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) | 19.0% | 366 | 43932 € | 1005 €/m² |
| Padomju sērijveida (1946–1993) | 61.1% | 1180 | 23213 € | 510 €/m² |
| Jaunā celtne (1994–2014) | 7.1% | 137 | 76553 € | 1553 €/m² |
| Jaunākie projekti (2015+) | 12.8% | 247 | 105244 € | 2182 €/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 | 1438 €/m² | ▲ 34.4% |
| Āgenskalns | 1884 €/m² | ▲ 30.6% |
| Grīziņkalns | 1567 €/m² | ▲ 24.5% |
| Bolderāja | 413 €/m² | ▲ 23.3% |
| Čiekurkalns | 997 €/m² | ▲ 17.6% |
| Neighborhood | Avg. €/m² | Change |
|---|---|---|
| Šampēteris-Pleskodāle | 768 €/m² | ▼ -36.4% |
| Maskavas priekšpilsēta | 893 €/m² | ▼ -28.1% |
| Mežciems | 1026 €/m² | ▼ -17.6% |
| Sarkandaugava | 533 €/m² | ▼ -16.1% |
| Purvciems | 1103 €/m² | ▼ -8.5% |
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.