Hesti Blog

Real estate listings are public notices offering a property for sale, rent or exchange, stating its location, floor area, price and contact details. Listings connect a seller or landlord with a buyer or tenant, but the listed price is rarely the price at which the deal actually closes.

That gap between the listing and the real transaction is exactly what Hesti brings together in one place: listings, actual transaction data from the State Land Service and price forecasts.

TirgusDati.lv and Hesti both help you judge whether a property price is reasonable, but they answer different questions. TirgusDati.lv shows the history of a specific listing: how the asking price has changed and how long the listing has been up. Hesti shows what similar properties actually sold for, because it combines apartment listings with transactions registered by the State Land Service (VZD).

Details of TirgusDati.lv are taken from its home page and listing history page (October 2026).

To compare property prices with actual transactions, use transaction data for standard apartments and houses that sell regularly, because it shows the price that was actually paid, not the price hoped for. In Latvia this is the State Land Service’s open data on registered transactions. Listings are the better choice when you are looking for a specific property to buy. For rare and non-standard properties neither works well: there are too few transactions, and an individual valuation is needed. On Hesti, apartment listings and transactions sit side by side, so you can compare an asking price with actual deals in the same neighbourhood.

In short: transaction data wins for valuation, listings win for active searching, and together they give the full market picture. Below is a detailed comparison by the criteria a real buyer and seller use.

Choose the best real estate agent in Latvia by proven transaction results, not by attractive listings: ask for the deals they closed in your district over the last 12 months, check whether they can justify a price with comparable properties, and compare commissions before you sign. A well-chosen real estate agent helps you understand the market, save money and avoid costly mistakes. This guide explains the five steps, based on actual Latvian market data.

The rental market isn't uniform year-round. Just like retail has its seasons, the rental market follows clear demand cycles. The main driver is the rhythm of people's lives — students start university in September, workers often change jobs and relocate in summer, and families plan moves before the new school year.

Rental yield is a metric that shows the annual return (in %) on your property investment.

It answers a simple question: is this apartment just nice — or also financially smart?

Hesti data map is a powerful tool for real estate market analysis that combines real transactions and real estate listings in one interactive map. It allows you to visually browse and analyze real estate data, compare prices and identify market trends. Whether you are looking for information about a specific area or analyzing an entire city, the data map provides a complete picture of the market.

The catalogue stores all recorded real‑estate transactions in Latvia since 2012. Each entry shows address, size, price and €/m² — a rock‑solid base for price discovery.

Both Hesti and Cenu Banka bring Latvian real-estate prices under one roof. The key difference is data freshness and analytics depth—Hesti refreshes deals daily and uses machine-learning forecasts, while CenuBanka provides a stable, no-frills view of historical Land Service transactions. Additionally, Hesti allows you to browse and search active real estate listings, while CenuBanka focuses only on completed transactions.

A mortgage demands a down‑payment, interest and property tax. Renting usually only requires a deposit and a monthly fee. If property prices (the nekustamā īpašuma vērtēšana cena) rise faster than rents, ownership tilts in your favour.

Hesti Market Data aggregates average and median €/m² plus deal count and volume across Latvia. Filters let you drill down by city, neighbourhood, building series, room count and period (year or quarter). For sales you also get transaction volume — your proxy for market activity.

Appraisers rely on three pillars: comparative market analysis (comps), the income approach for rental assets, and the cost approach for unique builds. Studying recent, similar transactions keeps you in line with fair market value.

The model mixes comparable sales with machine learning to output a central value plus a 95 % confidence range. Sparse data or unique features widen the band.