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) | 14.5% | 198 | 41031 € | 913 €/m² |
| Padomju sērijveida (1946–1993) | 78.3% | 1065 | 13300 € | 296 €/m² |
| Jaunā celtne (1994–2014) | 7.2% | 98 | 84520 € | 1629 €/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 |
|---|---|---|
| Āgenskalns | 1053 €/m² | ▲ 22.3% |
| Jugla | 763 €/m² | ▲ 15.5% |
| Ziepniekkalns | 752 €/m² | ▲ 14.3% |
| Imanta | 627 €/m² | ▲ 9.7% |
| Ilguciems | 487 €/m² | ▲ 8.4% |
| Neighborhood | Avg. €/m² | Change |
|---|---|---|
| Dārzciems | 655 €/m² | ▼ -74.4% |
| Mežciems | 499 €/m² | ▼ -47.2% |
| Teika | 698 €/m² | ▼ -31.3% |
| Bolderāja | 296 €/m² | ▼ -30.8% |
| Čiekurkalns | 911 €/m² | ▼ -30.0% |
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.