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) | 14.5% | 240 | 43844 € | 799 €/m² |
| Padomju sērijveida (1946–1993) | 76.3% | 1265 | 13768 € | 310 €/m² |
| Jaunā celtne (1994–2014) | 9.2% | 152 | 75286 € | 1483 €/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 |
|---|---|---|
| Teika | 977 €/m² | ▲ 55.0% |
| Čiekurkalns | 491 €/m² | ▲ 35.6% |
| Maskavas priekšpilsēta | 648 €/m² | ▲ 30.2% |
| Sarkandaugava | 533 €/m² | ▲ 20.9% |
| Āgenskalns | 799 €/m² | ▲ 19.8% |
| Neighborhood | Avg. €/m² | Change |
|---|---|---|
| Daugavgrīva | 218 €/m² | ▼ -33.2% |
| Jugla | 436 €/m² | ▼ -31.5% |
| Šampēteris-Pleskodāle | 583 €/m² | ▼ -20.8% |
| Mežciems | 581 €/m² | ▼ -20.6% |
| Imanta | 553 €/m² | ▼ -17.0% |
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.