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% | 328 | 56522 € | 1066 €/m² |
| Padomju sērijveida (1946–1993) | 66.2% | 1352 | 26332 € | 580 €/m² |
| Jaunā celtne (1994–2014) | 8.3% | 169 | 73021 € | 1376 €/m² |
| Jaunākie projekti (2015+) | 9.5% | 194 | 101011 € | 2269 €/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 |
|---|---|---|
| Torņakalns | 783 €/m² | ▲ 105.5% |
| Šampēteris-Pleskodāle | 1815 €/m² | ▲ 82.1% |
| Krasta ielas rajons | 925 €/m² | ▲ 52.2% |
| Daugavgrīva | 773 €/m² | ▲ 31.8% |
| Aplokciems | 972 €/m² | ▲ 27.7% |
| Neighborhood | Avg. €/m² | Change |
|---|---|---|
| Maskavas priekšpilsēta | 779 €/m² | ▼ -32.7% |
| Čiekurkalns | 786 €/m² | ▼ -20.5% |
| Ziepniekkalns | 887 €/m² | ▼ -15.1% |
| Pļavnieki | 991 €/m² | ▼ -8.1% |
| Āgenskalns | 1140 €/m² | ▼ -3.3% |
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.