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) | 16.3% | 279 | 116624 € | 2317 €/m² |
| Padomju sērijveida (1946–1993) | 73.2% | 1256 | 15408 € | 334 €/m² |
| Jaunā celtne (1994–2014) | 10.5% | 181 | 61466 € | 1362 €/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 |
|---|---|---|
| Centrs | 2298 €/m² | ▲ 44.8% |
| Šampēteris-Pleskodāle | 1211 €/m² | ▲ 28.4% |
| Imanta | 892 €/m² | ▲ 17.9% |
| Vecmīlgrāvis | 406 €/m² | ▲ 17.0% |
| Čiekurkalns | 503 €/m² | ▲ 14.4% |
| Neighborhood | Avg. €/m² | Change |
|---|---|---|
| Maskavas priekšpilsēta | 361 €/m² | ▼ -41.4% |
| Ilguciems | 420 €/m² | ▼ -8.0% |
| Pļavnieki | 532 €/m² | ▼ -6.5% |
| Sarkandaugava | 423 €/m² | ▼ -5.1% |
| Ķengarags | 491 €/m² | ▼ -4.4% |
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.