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% | 309 | 53276 € | 1169 €/m² |
| Padomju sērijveida (1946–1993) | 66.7% | 1341 | 31614 € | 698 €/m² |
| Jaunā celtne (1994–2014) | 7.7% | 154 | 74484 € | 1530 €/m² |
| Jaunākie projekti (2015+) | 10.2% | 206 | 99497 € | 2189 €/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 | 1218 €/m² | ▲ 61.7% |
| Ķengarags | 1443 €/m² | ▲ 33.6% |
| Teika | 1579 €/m² | ▲ 18.1% |
| Dārzciems | 984 €/m² | ▲ 14.3% |
| Āgenskalns | 1690 €/m² | ▲ 14.3% |
| Neighborhood | Avg. €/m² | Change |
|---|---|---|
| Sarkandaugava | 743 €/m² | ▼ -14.1% |
| Krasta ielas rajons | 872 €/m² | ▼ -10.7% |
| Šampēteris-Pleskodāle | 876 €/m² | ▼ -10.4% |
| Ilguciems | 981 €/m² | ▼ -9.8% |
| Maskavas priekšpilsēta | 846 €/m² | ▼ -7.8% |
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.