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) | 15.1% | 339 | 54280 € | 1213 €/m² |
| Padomju sērijveida (1946–1993) | 68.6% | 1535 | 29886 € | 650 €/m² |
| Jaunā celtne (1994–2014) | 8.8% | 196 | 71966 € | 1601 €/m² |
| Jaunākie projekti (2015+) | 7.5% | 168 | 96816 € | 2372 €/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 |
|---|---|---|
| Sarkandaugava | 1641 €/m² | ▲ 63.9% |
| Dzegužkalns | 1191 €/m² | ▲ 20.8% |
| Āgenskalns | 1801 €/m² | ▲ 13.7% |
| Daugavgrīva | 835 €/m² | ▲ 8.3% |
| Bolderāja | 826 €/m² | ▲ 3.8% |
| Neighborhood | Avg. €/m² | Change |
|---|---|---|
| Maskavas priekšpilsēta | 562 €/m² | ▼ -55.0% |
| Šampēteris-Pleskodāle | 992 €/m² | ▼ -24.9% |
| Čiekurkalns | 873 €/m² | ▼ -21.6% |
| Mežciems | 1048 €/m² | ▼ -19.8% |
| Teika | 1375 €/m² | ▼ -17.2% |
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.