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) | 14.7% | 244 | 58758 € | 1187 €/m² |
| Padomju sērijveida (1946–1993) | 76.0% | 1264 | 13854 € | 316 €/m² |
| Jaunā celtne (1994–2014) | 9.4% | 156 | 89484 € | 1854 €/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 |
|---|---|---|
| Bolderāja | 404 €/m² | ▲ 57.0% |
| Sarkandaugava | 455 €/m² | ▲ 52.1% |
| Maskavas priekšpilsēta | 460 €/m² | ▲ 49.9% |
| Centrs | 1689 €/m² | ▲ 20.5% |
| Purvciems | 638 €/m² | ▲ 18.5% |
| Neighborhood | Avg. €/m² | Change |
|---|---|---|
| Dārzciems | 446 €/m² | ▼ -41.1% |
| Teika | 684 €/m² | ▼ -38.3% |
| Torņakalns | 433 €/m² | ▼ -17.4% |
| Zolitūde | 713 €/m² | ▼ -17.3% |
| Imanta | 612 €/m² | ▼ -17.1% |
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.