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) | 16.2% | 393 | 57688 € | 1169 €/m² |
| Padomju sērijveida (1946–1993) | 65.4% | 1588 | 32587 € | 726 €/m² |
| Jaunā celtne (1994–2014) | 10.6% | 258 | 90538 € | 1854 €/m² |
| Jaunākie projekti (2015+) | 7.8% | 189 | 133339 € | 2853 €/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 |
|---|---|---|
| Torņakalns | 1635 €/m² | ▲ 37.9% |
| Čiekurkalns | 1574 €/m² | ▲ 28.4% |
| Āgenskalns | 2169 €/m² | ▲ 12.8% |
| Krasta ielas rajons | 1620 €/m² | ▲ 10.5% |
| Dārzciems | 1569 €/m² | ▲ 7.5% |
| Neighborhood | Avg. €/m² | Change |
|---|---|---|
| Grīziņkalns | 901 €/m² | ▼ -27.1% |
| Maskavas priekšpilsēta | 1111 €/m² | ▼ -24.7% |
| Vecmīlgrāvis | 701 €/m² | ▼ -15.6% |
| Bolderāja | 584 €/m² | ▼ -10.9% |
| Sarkandaugava | 761 €/m² | ▼ -7.7% |
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.