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) | 17.8% | 300 | 50519 € | 990 €/m² |
| Padomju sērijveida (1946–1993) | 68.8% | 1158 | 20687 € | 452 €/m² |
| Jaunā celtne (1994–2014) | 7.1% | 120 | 59617 € | 1246 €/m² |
| Jaunākie projekti (2015+) | 6.3% | 106 | 95734 € | 1986 €/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 |
|---|---|---|
| Bolderāja | 575 €/m² | ▲ 65.0% |
| Vecmīlgrāvis | 736 €/m² | ▲ 41.5% |
| Ziepniekkalns | 868 €/m² | ▲ 23.3% |
| Teika | 1592 €/m² | ▲ 20.4% |
| Dārzciems | 872 €/m² | ▲ 19.6% |
| Neighborhood | Avg. €/m² | Change |
|---|---|---|
| Āgenskalns | 695 €/m² | ▼ -27.3% |
| Ilguciems | 697 €/m² | ▼ -15.4% |
| Maskavas priekšpilsēta | 470 €/m² | ▼ -8.6% |
| Mežciems | 831 €/m² | ▼ -6.5% |
| Jugla | 759 €/m² | ▼ -3.9% |
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.