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) | 17.1% | 330 | 42665 € | 990 €/m² |
| Padomju sērijveida (1946–1993) | 68.2% | 1317 | 22780 € | 505 €/m² |
| Jaunā celtne (1994–2014) | 6.2% | 120 | 68348 € | 1368 €/m² |
| Jaunākie projekti (2015+) | 8.5% | 164 | 74822 € | 1898 €/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 | 1181 €/m² | ▲ 25.0% |
| Imanta | 1141 €/m² | ▲ 10.1% |
| Zolitūde | 1051 €/m² | ▲ 7.4% |
| Dārzciems | 844 €/m² | ▲ 6.6% |
| Torņakalns | 1619 €/m² | ▲ 5.4% |
| Neighborhood | Avg. €/m² | Change |
|---|---|---|
| Centrs | 1389 €/m² | ▼ -31.0% |
| Bolderāja | 398 €/m² | ▼ -28.2% |
| Maskavas priekšpilsēta | 619 €/m² | ▼ -24.5% |
| Āgenskalns | 1052 €/m² | ▼ -14.6% |
| Čiekurkalns | 1153 €/m² | ▼ -13.1% |
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.