As of July 2025 in Tbilisi the weighted average price of old flats has increased by 11% in the suburbs compared to July 2024, in the city centre 7.9% growth was witnessed, while in the wide centre the weighted average price increased by 4.6%.

As of July 2025 the weighted average price of newly-built flats in Tbilisi has increased by 23.8% in the wide centre compared to July 2024, 14.7% growth was observed in the suburbs, while in the city centre 13.3% increase was witnessed. The most significant price change was observed in the wide centre, which was driven by the fact that in July 2024, transactions from two large projects spanning 3-4 years were registered all at once. This caused a decrease in the weighted average price at that time. Without these projects, prices in the wide centre increased by 5.9%.

In July 2025, the number of transactions in new projects in Tbilisi increased by only 1.5% compared to July of the previous year. The number of transactions on the primary market of newly built flats decreased by 11.8%, while the secondary market recorded a 24.1% increase. In contrast, the growth rate in older projects is relatively higher — 11.7%.

In July 2025, in Tbilisi the number of transactions of residential flats amounted to 3,713 units, reflecting 4% YoY increase. Market size increased by 22% standing at USD 293 millions. Note: The methodology of price analysis has been updated for new projects, which has resulted in changes in 2022-2025 figures.

In July 2025, the number of transactions of newly-built flats in Batumi has increased by 38.4% year over year, while older flats saw an 4.9% increase. The significant increase in the number of transactions in new projects is due to the fact that in one large project, around 180 transactions were registered all at once in July 2025. Without this project, the growth amounts to 23.3%.

In July 2025 the weighted average price of newly-built flats in Batumi increased by 28.9% equaling USD 1,369 per sq m. The weighted average price increased in both primary (48.3%) and secondary (12.5%) markets. In one large project, around 180 transactions were registered all at once in July 2025, which caused a sharp increase in the weighted average price. Without this project, the figure rose by 14.5%, and in the primary market – by 19.3%. It should be noted that some primary transactions are registered late, resulting in a price growth trend that does not reflect reality.

As of July 2025, the number of transactions of residential flats in Batumi has increased by 35.6% to 1,664 units. The market size has increased by 60.7% standing at USD 104 millions.

As of the first half of 2025 the weighted average price of newly-built flats in Tbilisi has increased by 20.6% in the wide centre. Meanwhile 10.5% and 7.4% growth was witnessed in the suburbs and city centre, respectively. The most significant price change was observed in the wide centre, which was driven by the fact that in H1 2024, transactions from two large projects spanning 3-4 years were registered all at once. This caused a decrease in the weighted average price at that time. Without these projects, prices in the wide centre increased by 8.8%.

As of June 2025, the number of transactions of residential flats in Batumi has increased by 25.1% to 1,357 units. The market size has increased by 41.5% standing at USD 76 millions. It should be noted that the increase in transaction volume is largely attributed to a significant 19% decline in transactions in June of the previous year.

In June 2025, the number of transactions in new projects in Tbilisi increased by 8.8%, driven by growth in the secondary market. In contrast to previous months, transactions in older projects also experienced an upward trend, with a notable 16.6% increase compared to June 2024. This upward trend can also be attributed to the notable drop in transactions recorded in June of last year.

In June 2025, in Tbilisi the number of transactions of residential flats amounted to 3,363 units, reflecting 11% YoY increase. Market size increased by 21.5% standing at USD 253 millions. It should be noted that the increase in transaction volume is largely attributed to a significant 21% decline in transactions in June of the previous year. Note: The methodology of price analysis has been updated for new projects, which has resulted in changes in 2022-2025 figures.

As of June 2025 in Tbilisi the weighted average price of old flats has increased by 10.6% in the suburbs compared to June 2024, in the city centre 9.8% growth was witnessed, while in the wide centre the weighted average price increased by 6.1%.