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) | 15.8% | 323 | 50251 € | 1071 €/m² |
| Padomju sērijveida (1946–1993) | 69.9% | 1429 | 25138 € | 544 €/m² |
| Jaunā celtne (1994–2014) | 6.8% | 139 | 72342 € | 1465 €/m² |
| Jaunākie projekti (2015+) | 7.5% | 153 | 113866 € | 2313 €/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 |
|---|---|---|
| Maskavas priekšpilsēta | 1127 €/m² | ▲ 44.6% |
| Torņakalns | 1004 €/m² | ▲ 28.2% |
| Pļavnieki | 1227 €/m² | ▲ 23.8% |
| Mežaparks | 1864 €/m² | ▲ 21.9% |
| Sarkandaugava | 961 €/m² | ▲ 16.8% |
| Neighborhood | Avg. €/m² | Change |
|---|---|---|
| Šampēteris-Pleskodāle | 1161 €/m² | ▼ -36.0% |
| Ķengarags | 872 €/m² | ▼ -32.5% |
| Aplokciems | 776 €/m² | ▼ -20.2% |
| Bolderāja | 532 €/m² | ▼ -13.2% |
| Purvciems | 1013 €/m² | ▼ -8.3% |
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.