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) | 12.7% | 153 | 41688 € | 977 €/m² |
| Padomju sērijveida (1946–1993) | 76.4% | 920 | 12439 € | 288 €/m² |
| Jaunā celtne (1994–2014) | 10.9% | 131 | 72733 € | 2091 €/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 | 440 €/m² | ▲ 107.8% |
| Sarkandaugava | 468 €/m² | ▲ 68.7% |
| Maskavas priekšpilsēta | 604 €/m² | ▲ 55.9% |
| Ķīpsala | 1926 €/m² | ▲ 21.7% |
| Āgenskalns | 501 €/m² | ▲ 18.6% |
| Neighborhood | Avg. €/m² | Change |
|---|---|---|
| Mežciems | 685 €/m² | ▼ -26.8% |
| Šampēteris-Pleskodāle | 708 €/m² | ▼ -26.2% |
| Purvciems | 503 €/m² | ▼ -22.7% |
| Zolitūde | 574 €/m² | ▼ -21.8% |
| Ziepniekkalns | 568 €/m² | ▼ -18.3% |
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.