Average transaction prices for apartments before administrative territorial reform

Pursuant to Article 70 of the Law on the State Real Estate Cadastre, the State Land Service accumulates and analyses the market prices of the real estate. Information on real estate purchase transactions is regularly received from Land Registers and is collected in the real estate market database maintained by the Cadastre Information System.

On 1 March 2021, around 955 000 transactions were registered in the real estate market database.

Data on transactions with residential space groups registered in the Cadastre Information System in the composition of apartment properties are collected in the files.

__ Taking into account price differences in the real estate market for multi-apartment buildings built after 2000, separate apartment transactions__:

1) in buildings built before 2000;

2) Buildings built after 2000 or new project houses.

Average transaction prices are presented by different groups of territories:

1) Apartments in buildings built before 2000 — in Riga, Jurmala, other cities of the Republic, towns of Pieriga impact region, cities of regional significance and small towns;

2) New project apartments in Riga, Jurmala and Pierīga districts.

Data available from 2011