In the first 11 months of 2023, the weighted average price of newly-built flats in Batumi has increased by 15% compared to the same period of 2022, while in the case of old flats 7% growth was witnessed.
Residential
11.2023
In October 2023, in Tbilisi the number of transactions of residential flats amounted to 3,387 units, reflecting a 20% YoY decrease. Market size also decreased by 10% standing at USD 216 millions.
Residential
11.2023
In October 2023, in Tbilisi the number of transactions in new projects decreased by 19%. The figure for old flats features a 22% decrease compared to October 2022.
Residential
11.2023
In the first 10 months of 2023, the weighted average price of newly-built flats in Tbilisi has increased by 17% YoY in the suburbs, while a 13% and 15% increase was observed in the wide and city centre.
Residential
11.2023
In the first 10 months of 2023, the weighted average price of old flats in Tbilisi increased by 24% YoY in the suburbs, while a 17 and 16% increase was observed in the wide and city centre.
Residential
11.2023
In October 2023, in Batumi the number of transactions of residential flats amounted to 1,247 units, reflecting a 26% YoY decrease. Market size also decreased by 20% standing at USD 55 millions.
Residential
11.2023
In October 2023 in Batuim the number of transactions in new projects decreased by 26%. The figure for old flats features a 21% decrease compared to October 2022.
Residential
11.2023
In the first 10 months of 2023, the weighted average price of newly-built flats in Batumi has increased by 16% compared to the same period of 2022, while in the case of old flats 9% growth was observed.
Residential
10.2023
In September 2023, the weighted average price of newly-built flats in Batumi increased by 7% equaling USD 940 per sq m, while the figure for old flats recorded a 13% increase up to USD 751 per sq m.
Residential
10.2023
In the third quarter of 2023, the weighted average price of newly-built flats in Batumi increased by 15% equaling USD 969 per sq m, while the figure for old flats recorded a 7% increase up to USD 711 per sq m.
Residential
10.2023
In the third quarter of 2023, in Tbilisi the number of transactions of residential flats amounted to 10,114 units, reflecting a 13% YoY reduction. Market size decreased by 11% standing at USD 549 millions.
Residential
10.2023
In the third quarter of 2023, the number of transactions in new projects decreased by 7%. The figure for old flats features a 23% decrease compared to the third quarter of 2022.
