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) | 15.6% | 322 | 58528 € | 1229 €/m² |
| Padomju sērijveida (1946–1993) | 65.9% | 1363 | 32360 € | 722 €/m² |
| Jaunā celtne (1994–2014) | 9.7% | 201 | 89287 € | 1862 €/m² |
| Jaunākie projekti (2015+) | 8.8% | 181 | 131387 € | 2495 €/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 |
|---|---|---|
| Čiekurkalns | 1698 €/m² | ▲ 29.6% |
| Dārzciems | 1751 €/m² | ▲ 19.0% |
| Purvciems | 1290 €/m² | ▲ 18.2% |
| Jugla | 1244 €/m² | ▲ 10.1% |
| Aplokciems | 1507 €/m² | ▲ 6.4% |
| Neighborhood | Avg. €/m² | Change |
|---|---|---|
| Torņakalns | 999 €/m² | ▼ -41.9% |
| Šampēteris-Pleskodāle | 1089 €/m² | ▼ -27.4% |
| Zolitūde | 1266 €/m² | ▼ -17.0% |
| Ķengarags | 937 €/m² | ▼ -14.7% |
| Mežciems | 1554 €/m² | ▼ -12.5% |
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.