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) | 15.4% | 327 | 46756 € | 1046 €/m² |
| Padomju sērijveida (1946–1993) | 69.0% | 1469 | 24169 € | 537 €/m² |
| Jaunā celtne (1994–2014) | 8.3% | 177 | 75894 € | 1439 €/m² |
| Jaunākie projekti (2015+) | 7.3% | 156 | 100618 € | 2349 €/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 |
|---|---|---|
| Sarkandaugava | 781 €/m² | ▲ 59.6% |
| Ķengarags | 1021 €/m² | ▲ 43.4% |
| Maskavas priekšpilsēta | 1158 €/m² | ▲ 34.1% |
| Daugavgrīva | 587 €/m² | ▲ 19.4% |
| Mežciems | 1466 €/m² | ▲ 18.8% |
| Neighborhood | Avg. €/m² | Change |
|---|---|---|
| Krasta ielas rajons | 608 €/m² | ▼ -32.3% |
| Šampēteris-Pleskodāle | 997 €/m² | ▼ -24.0% |
| Čiekurkalns | 988 €/m² | ▼ -23.4% |
| Zolitūde | 980 €/m² | ▼ -19.5% |
| Torņakalns | 381 €/m² | ▼ -18.9% |
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.