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) | 15.3% | 253 | 37289 € | 833 €/m² |
| Padomju sērijveida (1946–1993) | 72.3% | 1196 | 16693 € | 367 €/m² |
| Jaunā celtne (1994–2014) | 12.4% | 206 | 67298 € | 1311 €/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 |
|---|---|---|
| Čiekurkalns | 992 €/m² | ▲ 127.0% |
| Maskavas priekšpilsēta | 475 €/m² | ▲ 64.6% |
| Mežciems | 1075 €/m² | ▲ 41.4% |
| Dārzciems | 624 €/m² | ▲ 19.3% |
| Jugla | 740 €/m² | ▲ 17.2% |
| Neighborhood | Avg. €/m² | Change |
|---|---|---|
| Šampēteris-Pleskodāle | 534 €/m² | ▼ -58.1% |
| Sarkandaugava | 460 €/m² | ▼ -18.0% |
| Teika | 745 €/m² | ▼ -14.1% |
| Imanta | 610 €/m² | ▼ -10.2% |
| Ilguciems | 505 €/m² | ▼ -10.1% |
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.