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) | 14.8% | 317 | 47940 € | 1032 €/m² |
| Padomju sērijveida (1946–1993) | 64.2% | 1374 | 24625 € | 555 €/m² |
| Jaunā celtne (1994–2014) | 11.0% | 236 | 83035 € | 1426 €/m² |
| Jaunākie projekti (2015+) | 10.0% | 213 | 106511 € | 2114 €/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 |
|---|---|---|
| Čiekurkalns | 1290 €/m² | ▲ 25.1% |
| Zolitūde | 1218 €/m² | ▲ 14.4% |
| Purvciems | 1073 €/m² | ▲ 11.6% |
| Ziepniekkalns | 1099 €/m² | ▲ 11.0% |
| Šampēteris-Pleskodāle | 1312 €/m² | ▲ 10.1% |
| Neighborhood | Avg. €/m² | Change |
|---|---|---|
| Torņakalns | 469 €/m² | ▼ -47.2% |
| Sarkandaugava | 489 €/m² | ▼ -40.6% |
| Maskavas priekšpilsēta | 864 €/m² | ▼ -36.2% |
| Daugavgrīva | 491 €/m² | ▼ -32.9% |
| Āgenskalns | 1016 €/m² | ▼ -30.2% |
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.