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) | 15.7% | 293 | 42431 € | 877 €/m² |
| Padomju sērijveida (1946–1993) | 76.2% | 1426 | 14838 € | 341 €/m² |
| Jaunā celtne (1994–2014) | 8.1% | 152 | 85659 € | 1660 €/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 | 1276 €/m² | ▲ 83.3% |
| Āgenskalns | 961 €/m² | ▲ 42.6% |
| Mežciems | 760 €/m² | ▲ 32.8% |
| Daugavgrīva | 399 €/m² | ▲ 21.2% |
| Ķengarags | 505 €/m² | ▲ 19.4% |
| Neighborhood | Avg. €/m² | Change |
|---|---|---|
| Maskavas priekšpilsēta | 289 €/m² | ▼ -32.5% |
| Grīziņkalns | 714 €/m² | ▼ -16.4% |
| Imanta | 679 €/m² | ▼ -13.9% |
| Bolderāja | 348 €/m² | ▼ -9.2% |
| Dārzciems | 523 €/m² | ▼ -6.8% |
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.