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) | 16.7% | 264 | 49281 € | 1051 €/m² |
| Padomju sērijveida (1946–1993) | 68.6% | 1083 | 16568 € | 368 €/m² |
| Jaunā celtne (1994–2014) | 14.7% | 232 | 104324 € | 1909 €/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 |
|---|---|---|
| Imanta | 892 €/m² | ▲ 33.6% |
| Šampēteris-Pleskodāle | 1677 €/m² | ▲ 32.9% |
| Bolderāja | 406 €/m² | ▲ 31.6% |
| Mežciems | 717 €/m² | ▲ 31.6% |
| Vecmīlgrāvis | 429 €/m² | ▲ 21.7% |
| Neighborhood | Avg. €/m² | Change |
|---|---|---|
| Purvciems | 711 €/m² | ▼ -18.3% |
| Āgenskalns | 945 €/m² | ▼ -10.7% |
| Ilguciems | 609 €/m² | ▼ -8.2% |
| Dzegužkalns | 1241 €/m² | ▼ -7.9% |
| Dārzciems | 571 €/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.