In February 2023, in Tbilisi the number of transactions of residential flats amounted to 3,421 units, reflecting 5% YoY growth. Market size increased by 21% standing at USD 190 millions.
Residential
03.2023
In February 2023 the number of transactions in new projects increased by 12%. The figure for old flats features a 7% decrease compared to February 2022.
Residential
03.2023
In February 2023 the number of transactions of newly-built premium flats in Tbilisi has increased by 143%, while a 53% growth was observed in the medium segment. As for the economy segment, the figure has decreased by 9% recording 1,409 units.
Residential
03.2023
As of February 2023, weighted average price of newly-built flats in Tbilisi has increased by 16% in the wide centre, by 12% in the suburbs, and 11% growth is recorded in the city centre.
Residential
03.2023
As of February 2023 in Tbilisi the weighted average price of old flats has increased by 9% in the suburbs, while in the city centre and in the wide centre 2% and 1% growth is observed.
Residential
03.2023
As of February 2023, the number of transactions of residential flats in Batumi has increased by 42% up to 1,544 units. The market size has increased by 50% standing at USD 66 millions.
Residential
03.2023
In February 2023, the number of transactions of newly-built flats has grown by 45% year over year, while a 20% YoY growth rate has been observed in the case of old flats.
Residential
03.2023
In February 2023, the number of transactions considerably increased in the case of premium newly-built flats, recording 230% YoY growth rates. The figure for the economy and medium segments increased by 19% and 40% amounting to 742 and 346 units.
Residential
03.2023
In February 2023 the weighted average price of newly-built flats in Batumi increased by 22% equaling USD 895 per sq m, while the figure for old flats recorded a 28% increase up to USD 791 per sq m, which should be attributed to the growth of prices in old Batumi.
Residential
02.2023
In January 2023, in Tbilisi the number of transactions of residential flats amounted to 2,844 units, reflecting 10% YoY growth. Market size increased by 24% standing at USD 156 millions.
Residential
02.2023
In January 2023 the number of transactions of newly-built premium flats in Tbilisi has almost doubled and increased by 94%, while a 55% growth was observed in the medium segment. As for the economy segment, the figure has decreased by 10% recording 1,136 units.
Residential
02.2023
As of January 2023 the weighted average price of newly-built flats in Tbilisi has increased by 14% in the suburbs and wide centre, while 13% growth is recorded in the city centre.
