Based on previous studies on pricing principles for management and administration of residential houses, the study aims to track pricing trends in Latvia over the period from 2014 to 2018, assessing the influencing factors and prospects for the sustainable development of residential houses. According to the data from the Central Statistical Bureau (CSB), in Latvia, from 2014 to 2018 the average price for management per 1m² has increased by 8%, in Riga – by 14%, but in the region of Vidzeme – decreased by 14%. The study examines the pricing processes of management and administration: direct regulatory legislation, such as mandatory services, and indirect regulatory legislation, such as security aspects, that are regulated by normative documents with regard to fire safety of homes; tax system effects and other economy related aspects. In the course of the study, the analysis of the regulatory basis was carried out, the questionnaire method was used, the management companies were surveyed in order to find out the pricing policy of each particular company and the dynamics of changes during the last five years. The results of the study show that the price and quality of management and administration depend on the ability of the owners of flats to resolve their differences and to find a common solution. The scientific result of the study provides an opportunity to determine the significance of the trend of factors influencing pricing policy in Latvia on average and in the regions.