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) | 16.8% | 320 | 69853 € | 1444 €/m² |
| Padomju sērijveida (1946–1993) | 62.6% | 1194 | 32114 € | 704 €/m² |
| Jaunā celtne (1994–2014) | 8.6% | 164 | 78405 € | 1862 €/m² |
| Jaunākie projekti (2015+) | 12.0% | 229 | 106776 € | 2503 €/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 |
|---|---|---|
| Dārzciems | 1767 €/m² | ▲ 123.5% |
| Ķengarags | 1177 €/m² | ▲ 45.9% |
| Šampēteris-Pleskodāle | 1432 €/m² | ▲ 42.8% |
| Zolitūde | 1565 €/m² | ▲ 36.1% |
| Āgenskalns | 1927 €/m² | ▲ 33.0% |
| Neighborhood | Avg. €/m² | Change |
|---|---|---|
| Čiekurkalns | 779 €/m² | ▼ -41.6% |
| Vecmīlgrāvis | 617 €/m² | ▼ -18.7% |
| Maskavas priekšpilsēta | 1026 €/m² | ▼ -13.0% |
| Sarkandaugava | 713 €/m² | ▼ -11.7% |
| Mežaparks | 2604 €/m² | ▼ -7.9% |
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.