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) | 17.5% | 332 | 46370 € | 1045 €/m² |
| Padomju sērijveida (1946–1993) | 73.2% | 1389 | 19270 € | 431 €/m² |
| Jaunā celtne (1994–2014) | 8.0% | 152 | 71959 € | 1385 €/m² |
| Jaunākie projekti (2015+) | 1.3% | 24 | 97852 € | 1721 €/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 |
|---|---|---|
| Aplokciems | 620 €/m² | ▲ 87.0% |
| Zasulauks | 936 €/m² | ▲ 39.2% |
| Šampēteris-Pleskodāle | 965 €/m² | ▲ 17.4% |
| Imanta | 918 €/m² | ▲ 11.1% |
| Bolderāja | 479 €/m² | ▲ 9.3% |
| Neighborhood | Avg. €/m² | Change |
|---|---|---|
| Sarkandaugava | 569 €/m² | ▼ -36.9% |
| Dārzciems | 722 €/m² | ▼ -26.4% |
| Ziepniekkalns | 715 €/m² | ▼ -17.8% |
| Čiekurkalns | 738 €/m² | ▼ -16.5% |
| Āgenskalns | 701 €/m² | ▼ -12.9% |
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.