As of June 2024 the weighted average price of newly-built flats in Tbilisi has increased by 12% in the suburbs. The figure has increased by 6% and 4% in the city centre and wide centre.
Residential
07.2024
In the first half 2024 the number of transactions in new projects increased by 3%. While the figure for old flats features a 15% decrease compared to H1 2023.
Residential
07.2024
As of the first half of 2024 in Tbilisi the weighted average price of old flats has increased by 12% in the suburbs. While 11% and 10% growth was witnessed in the wide centre and city centre, respectively.
Residential
07.2024
As of the first half of 2024, the number of transactions of residential flats in Batumi has decreased by 17% to 6,915 units. The market size has declined by 11% standing at USD 350 millions.
Residential
07.2024
In June 2024 the weighted average price of newly-built flats in Batumi increased by 4% equaling USD 1,098 per sq m, while the figure for old flats recorded a 2% increase to USD 1,037 per sq m.
Residential
07.2024
In June 2024, the number of transactions of newly-built flats in Batumi has decreased by 21% year over year, while a 5% YoY decrease rate has been observed in the case of old flats.
Residential
07.2024
In June 2024, in Tbilisi the number of transactions of residential flats amounted to 3,049 units, reflecting 21% YoY decrease. Market size decreased by 13% standing at USD 212 millions.
Residential
07.2024
As of June 2024, the number of transactions of residential flats in Batumi has decreased by 19% to 1,105 units. The market size has decreased by 13% standing at USD 56 millions.
Residential
07.2024
As of June 2024 in Tbilisi the weighted average price of old flats has increased by 10% in the suburbs and city centre, while in the wide centre 5% growth was witnessed.
Residential
07.2024
In June 2024 the number of transactions in new projects decreased by 20%. While the figure for old flats features a 24% decrease compared to June 2023.
Residential
07.2024
In the first half of 2024 the weighted average price of newly-built flats in Batumi increased by 5% equaling USD 1,082 per sq m, while the figure for old flats recorded a 4% increase to USD 966 per sq m.
Residential
07.2024
In the first half of 2024, in Tbilisi the number of transactions of residential flats amounted to 19,477 units, reflecting 3% YoY decrease. Market size increased by 5% standing at USD 1.3 billion.
