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) | 13.6% | 309 | 47518 € | 1064 €/m² |
| Padomju sērijveida (1946–1993) | 57.4% | 1304 | 30045 € | 670 €/m² |
| Jaunā celtne (1994–2014) | 5.4% | 122 | 77341 € | 1452 €/m² |
| Jaunākie projekti (2015+) | 23.7% | 538 | 108795 € | 2530 €/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 |
|---|---|---|
| Jugla | 1608 €/m² | ▲ 93.0% |
| Mežciems | 1376 €/m² | ▲ 17.3% |
| Teika | 2040 €/m² | ▲ 16.2% |
| Daugavgrīva | 780 €/m² | ▲ 15.1% |
| Aplokciems | 1070 €/m² | ▲ 14.2% |
| Neighborhood | Avg. €/m² | Change |
|---|---|---|
| Krasta ielas rajons | 434 €/m² | ▼ -62.0% |
| Maskavas priekšpilsēta | 1044 €/m² | ▼ -22.5% |
| Bolderāja | 502 €/m² | ▼ -18.3% |
| Čiekurkalns | 1048 €/m² | ▼ -17.9% |
| Ilguciems | 768 €/m² | ▼ -16.5% |
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.