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) | 16.1% | 261 | 60547 € | 1288 €/m² |
| Padomju sērijveida (1946–1993) | 76.4% | 1242 | 15812 € | 349 €/m² |
| Jaunā celtne (1994–2014) | 7.5% | 122 | 69911 € | 1377 €/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 | 748 €/m² | ▲ 77.3% |
| Daugavgrīva | 446 €/m² | ▲ 48.7% |
| Mežciems | 794 €/m² | ▲ 39.5% |
| Centrs | 1736 €/m² | ▲ 37.6% |
| Āgenskalns | 1095 €/m² | ▲ 37.5% |
| Neighborhood | Avg. €/m² | Change |
|---|---|---|
| Aplokciems | 225 €/m² | ▼ -42.8% |
| Jugla | 587 €/m² | ▼ -28.8% |
| Bolderāja | 316 €/m² | ▼ -25.1% |
| Čiekurkalns | 782 €/m² | ▼ -11.8% |
| Teika | 771 €/m² | ▼ -11.7% |
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.