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) | 13.4% | 243 | 49795 € | 942 €/m² |
| Padomju sērijveida (1946–1993) | 76.4% | 1387 | 17534 € | 388 €/m² |
| Jaunā celtne (1994–2014) | 10.2% | 185 | 111131 € | 1932 €/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 |
|---|---|---|
| Šampēteris-Pleskodāle | 1623 €/m² | ▲ 36.4% |
| Torņakalns | 467 €/m² | ▲ 30.1% |
| Maskavas priekšpilsēta | 569 €/m² | ▲ 23.0% |
| Vecmīlgrāvis | 384 €/m² | ▲ 21.6% |
| Ķengarags | 464 €/m² | ▲ 21.3% |
| Neighborhood | Avg. €/m² | Change |
|---|---|---|
| Dārzciems | 505 €/m² | ▼ -37.2% |
| Jugla | 573 €/m² | ▼ -8.4% |
| Zolitūde | 953 €/m² | ▼ -5.7% |
| Pļavnieki | 567 €/m² | ▼ -5.2% |
| Centrs | 1335 €/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.