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) | 12.5% | 188 | 75018 € | 1299 €/m² |
| Padomju sērijveida (1946–1993) | 72.5% | 1095 | 16089 € | 352 €/m² |
| Jaunā celtne (1994–2014) | 15.0% | 227 | 85947 € | 1558 €/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 | 765 €/m² | ▲ 76.8% |
| Maskavas priekšpilsēta | 776 €/m² | ▲ 68.8% |
| Ziepniekkalns | 882 €/m² | ▲ 38.2% |
| Dārzciems | 572 €/m² | ▲ 28.3% |
| Ķengarags | 477 €/m² | ▲ 19.6% |
| Neighborhood | Avg. €/m² | Change |
|---|---|---|
| Sarkandaugava | 290 €/m² | ▼ -36.4% |
| Mežciems | 564 €/m² | ▼ -14.4% |
| Bolderāja | 366 €/m² | ▼ -9.5% |
| Šampēteris-Pleskodāle | 1241 €/m² | ▼ -6.3% |
| Pļavnieki | 514 €/m² | ▼ -4.9% |
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.