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) | 18.8% | 292 | 48239 € | 940 €/m² |
| Padomju sērijveida (1946–1993) | 66.2% | 1028 | 24529 € | 543 €/m² |
| Jaunā celtne (1994–2014) | 6.6% | 103 | 69074 € | 1373 €/m² |
| Jaunākie projekti (2015+) | 8.4% | 130 | 97933 € | 2060 €/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 |
|---|---|---|
| Jugla | 986 €/m² | ▲ 25.0% |
| Mežciems | 1205 €/m² | ▲ 23.0% |
| Maskavas priekšpilsēta | 1114 €/m² | ▲ 22.0% |
| Ziepniekkalns | 1222 €/m² | ▲ 19.6% |
| Dārzciems | 889 €/m² | ▲ 16.4% |
| Neighborhood | Avg. €/m² | Change |
|---|---|---|
| Čiekurkalns | 966 €/m² | ▼ -34.3% |
| Teika | 1172 €/m² | ▼ -28.0% |
| Purvciems | 984 €/m² | ▼ -16.9% |
| Imanta | 1086 €/m² | ▼ -16.0% |
| Āgenskalns | 1006 €/m² | ▼ -13.5% |
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.