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) | 14.6% | 260 | 34643 € | 758 €/m² |
| Padomju sērijveida (1946–1993) | 75.4% | 1339 | 19990 € | 441 €/m² |
| Jaunā celtne (1994–2014) | 6.8% | 121 | 79340 € | 1503 €/m² |
| Jaunākie projekti (2015+) | 3.1% | 55 | 118638 € | 2421 €/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 | 1267 €/m² | ▲ 117.3% |
| Sarkandaugava | 801 €/m² | ▲ 33.3% |
| Centrs | 1595 €/m² | ▲ 17.4% |
| Daugavgrīva | 746 €/m² | ▲ 16.1% |
| Ziepniekkalns | 834 €/m² | ▲ 7.6% |
| Neighborhood | Avg. €/m² | Change |
|---|---|---|
| Maskavas priekšpilsēta | 437 €/m² | ▼ -57.3% |
| Āgenskalns | 942 €/m² | ▼ -38.4% |
| Teika | 813 €/m² | ▼ -28.0% |
| Grīziņkalns | 1005 €/m² | ▼ -16.8% |
| Ilguciems | 771 €/m² | ▼ -15.6% |
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.