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) | 18.6% | 405 | 63220 € | 1348 €/m² |
| Padomju sērijveida (1946–1993) | 62.0% | 1352 | 34017 € | 742 €/m² |
| Jaunā celtne (1994–2014) | 9.5% | 208 | 82269 € | 1736 €/m² |
| Jaunākie projekti (2015+) | 9.9% | 216 | 138718 € | 2872 €/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 |
|---|---|---|
| Mežaparks | 2995 €/m² | ▲ 46.5% |
| Ziepniekkalns | 1246 €/m² | ▲ 23.0% |
| Āgenskalns | 2111 €/m² | ▲ 20.6% |
| Ķengarags | 1027 €/m² | ▲ 20.2% |
| Bolderāja | 541 €/m² | ▲ 12.8% |
| Neighborhood | Avg. €/m² | Change |
|---|---|---|
| Maskavas priekšpilsēta | 825 €/m² | ▼ -30.1% |
| Čiekurkalns | 919 €/m² | ▼ -18.2% |
| Teika | 1574 €/m² | ▼ -16.5% |
| Šampēteris-Pleskodāle | 1517 €/m² | ▼ -14.9% |
| Centrs | 1815 €/m² | ▼ -11.1% |
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.