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% | 300 | 46757 € | 977 €/m² |
| Padomju sērijveida (1946–1993) | 67.0% | 1244 | 21862 € | 494 €/m² |
| Jaunā celtne (1994–2014) | 7.2% | 134 | 77988 € | 1521 €/m² |
| Jaunākie projekti (2015+) | 9.7% | 180 | 75195 € | 1920 €/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 | 888 €/m² | ▲ 164.7% |
| Grīziņkalns | 1549 €/m² | ▲ 58.3% |
| Daugavgrīva | 675 €/m² | ▲ 55.0% |
| Ziepniekkalns | 1250 €/m² | ▲ 19.7% |
| Pļavnieki | 1236 €/m² | ▲ 18.0% |
| Neighborhood | Avg. €/m² | Change |
|---|---|---|
| Maskavas priekšpilsēta | 553 €/m² | ▼ -32.9% |
| Āgenskalns | 1040 €/m² | ▼ -29.1% |
| Torņakalns | 1294 €/m² | ▼ -11.0% |
| Sarkandaugava | 648 €/m² | ▼ -10.3% |
| Jugla | 890 €/m² | ▼ -7.9% |
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.