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% | 311 | 36793 € | 925 €/m² |
| Padomju sērijveida (1946–1993) | 68.8% | 1329 | 23371 € | 522 €/m² |
| Jaunā celtne (1994–2014) | 8.4% | 163 | 74810 € | 1439 €/m² |
| Jaunākie projekti (2015+) | 6.7% | 129 | 80964 € | 2340 €/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 |
|---|---|---|
| Āgenskalns | 1634 €/m² | ▲ 149.8% |
| Grīziņkalns | 1675 €/m² | ▲ 54.6% |
| Bolderāja | 402 €/m² | ▲ 30.5% |
| Maskavas priekšpilsēta | 732 €/m² | ▲ 26.7% |
| Purvciems | 983 €/m² | ▲ 13.8% |
| Neighborhood | Avg. €/m² | Change |
|---|---|---|
| Vecmīlgrāvis | 422 €/m² | ▼ -24.8% |
| Šampēteris-Pleskodāle | 1023 €/m² | ▼ -21.9% |
| Daugavgrīva | 466 €/m² | ▼ -18.9% |
| Zasulauks | 1235 €/m² | ▼ -16.2% |
| Mežciems | 969 €/m² | ▼ -13.2% |
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.