In March 2026, in Tbilisi the number of transactions of residential flats amounted to 3,913 units, reflecting 30.9% YoY increase. Market size increased by 36.3% standing at USD 321 millions.

In March 2026, the weighted average price of newly built flats in Batumi increased by 9% year over year, reaching USD 1,302 per sq m. On the primary market, the weighted average price increased by 8.6%, while on the secondary market, a 7.5% increase was observed Note: some primary transactions are registered late, resulting in a price growth trend that does not reflect reality.

As of March 2026, the weighted average price of old flats in Tbilisi increased by 8.3% in the city center and by 5.2% in the suburbs compared to March 2025, while a slight decline of 0.4% was observed in the wider center. This decrease was mainly driven by an increased share of transactions in lower-priced district within the wider center. Overall, the weighted average price of old projects across the city rose by 6.8%.

As of March 2026, the weighted average price of old flats in Tbilisi increased by 8.3% in the city center and by 5.2% in the suburbs compared to March 2025, while a slight decline of 0.4% was observed in the wider center. This decrease was mainly driven by an increased share of transactions in lower-priced district within the wider center. Overall, the weighted average price of old projects across the city rose by 6.8%.

As of March 2026, the weighted average price of newly built flats in Tbilisi increased by 10.9% in the suburbs and by 7.4% in the wider center compared to March 2025, while a slight decline of 0.4% was observed in the city center. This decrease was driven by an increased share of transactions in the lowest-priced district within the city center. Citywide, the weighted average price of primary market transactions grew by 4.2%. On the secondary market, the weighted average price increased by 3.9%.

| As of March 2026, the number of transactions of residential flats in Batumi has increased by 10.9% year over year, reaching 1,227 units. The market size has increased by 33.4%, standing at USD 81 million.

In March 2026, the number of transactions for newly built flats in Batumi increased by 9% year-over-year, while transactions involving older flats rose by 41.8%. Growth in newly built flats was primarily driven by the secondary market, which expanded by 15.8%, whereas primary market transactions recorded an increase of 0.8%.

In March 2026, the number of transactions in new projects in Tbilisi increased by 33.4% compared to March of the previous year. Growth was observed in both the primary (38.7%) and secondary (26.7%) markets for newly built flats. Transactions in old projects also rose, showing a 22.8% increase. Overall, the significant growth in transactions in March 2026 was largely driven by the low market performance in the previous year, which had been affected by political instability.

In Batumi, the increase in transactions of newly built flats in February 2026 was mainly driven by foreign buyers, whose share in the secondary market reached 50%. Compared to February of the previous year, the number transactions by foreign buyers increased by 53.9% in the primary market of newly built apartments, and by 47.6% in the secondary market. The share of foreign citizens in the total number of transactions surpassed that of Georgian citizens in both the primary and secondary markets.

As of February 2026, the number of transactions of residential flats in Batumi has increased by 19.7% year over year, reaching 1,315 units. The market size has increased by 33.1%, standing at USD 82 million.

As of February 2026 the weighted average price of newly built flats in Tbilisi has increased by 9.1% in the suburbs compared to February 2025, 8.2% growth was observed in the wide centre, while in the city centre 14.7% increase was witnessed. In the city centre, the primary market for newly built flats recorded a 15.1% increase in prices, driven by the delayed registration of transactions by developers. On the secondary market of the city centre, a 8.2% increase was recorded. meanwhile weighted average price of the primary transactions citywide recorded 10.7% growth. On the secondary market, the weighted average price rose by 6.3% citywide.

As of February 2026, in Tbilisi, the weighted average price of old flats increased by 8% in the suburbs compared to February 2025. In the wider centre, a 4.8% growth was observed, while in the city centre, the weighted average price increased by 11.6%. Overall, the weighted average price of old projects grew by 8.5% citywide.