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) | 16.4% | 230 | 57808 € | 1049 €/m² |
| Padomju sērijveida (1946–1993) | 73.3% | 1027 | 15756 € | 342 €/m² |
| Jaunā celtne (1994–2014) | 10.3% | 144 | 87355 € | 1536 €/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 |
|---|---|---|
| Āgenskalns | 875 €/m² | ▲ 50.5% |
| Torņakalns | 818 €/m² | ▲ 24.9% |
| Ziepniekkalns | 722 €/m² | ▲ 17.7% |
| Dārzciems | 634 €/m² | ▲ 16.6% |
| Purvciems | 609 €/m² | ▲ 11.0% |
| Neighborhood | Avg. €/m² | Change |
|---|---|---|
| Maskavas priekšpilsēta | 381 €/m² | ▼ -95.8% |
| Zolitūde | 622 €/m² | ▼ -30.4% |
| Teika | 750 €/m² | ▼ -20.7% |
| Sarkandaugava | 379 €/m² | ▼ -12.8% |
| Ilguciems | 474 €/m² | ▼ -9.4% |
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.