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All Real Estate Metaverse
Residential
01.2023
As of December 2022, the number of transactions of residential flats in Batumi has increased by 38% up to 1,734 units. The market size has increased by 116% standing at USD 107 millions.
Residential
01.2023
In December 2022, the number of transactions of newly-built flats has grown by 38% year over year, while a 35% YoY growth rate has been observed in the case of old flats.
Residential
01.2023
In December 2022, the number of transactions considerably increased in the case of medium and premium newly-built flats, recording 53% and 185% YoY growth rates. The figure for the economy segment increased only by 6% amounting to 758 units.
Residential
01.2023
In December 2022 the weighted average price of newly-built flats in Batumi increased by 23% equaling USD 912 per sq m, while the figure for old flats recorded a 9% increase up to USD 659 per sq m.
Residential
01.2023
In December 2022, in Tbilisi the number of transactions of residential flats amounted to 3,967 units, reflecting 33.7% growth compared to December 2019. It should be mentioned that in December 2021 the figure was at high level due to the massive registrations from one of the large-scale developers. Regarding market size, the figure has increased by 53% standing at USD 217 millions.
Residential
01.2023
In December 2022 the number of transactions in new projects increased by 40% compared to 2019. The figure for old flats features a 21% growth compared to December 2019.
Residential
01.2023
In December 2022 the number of transactions of newly-built premium flats in Tbilisi tripled compared to 2019, while medium flats doubled up to 820 units. A slight 15% increase was recorded in the case of economy flats.
Residential
01.2023
In December 2022 the weighted average price of newly-built flats in Tbilisi has increased by 14% in the city centre, while the figure grew by 22% in the inner city. As for the suburbs, a 28% growth is recorded.
Residential
01.2023
As of December 2022 in Tbilisi the weighted average price of old flats has increased by 15% in the suburbs, while in the inner city and city centre 1% and 5% growth is observed.
Residential
12.2022
In November 2022, in Tbilisi the number of transactions of residential flats amounted to 3,865 units, reflecting 9% YoY growth. Market size increased by 28% standing at USD 214 millions.
Residential
12.2022
In November 2022 the number of transactions in new projects increased by 10%. The figure for old flats features a 7% growth compared to November 2021.
Residential
12.2022
In November 2022 the number of transactions of newly-built premium flats in Tbilisi has more than doubled, while an 67% growth was observed in the medium segment. As for the economy segment, the figure has decreased by 12%.