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) | 15.4% | 307 | 57887 € | 1164 €/m² |
| Padomju sērijveida (1946–1993) | 64.4% | 1287 | 28467 € | 636 €/m² |
| Jaunā celtne (1994–2014) | 11.0% | 219 | 68274 € | 1515 €/m² |
| Jaunākie projekti (2015+) | 9.3% | 185 | 113703 € | 2632 €/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 | 667 €/m² | ▲ 60.2% |
| Āgenskalns | 1766 €/m² | ▲ 22.6% |
| Imanta | 1611 €/m² | ▲ 22.5% |
| Krasta ielas rajons | 889 €/m² | ▲ 16.4% |
| Dārzciems | 1022 €/m² | ▲ 15.8% |
| Neighborhood | Avg. €/m² | Change |
|---|---|---|
| Čiekurkalns | 679 €/m² | ▼ -44.6% |
| Šampēteris-Pleskodāle | 992 €/m² | ▼ -15.1% |
| Jugla | 873 €/m² | ▼ -7.1% |
| Centrs | 1828 €/m² | ▼ -5.7% |
| Pļavnieki | 1191 €/m² | ▼ -4.1% |
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.