As of July 2023, the number of transactions of residential flats in Batumi has decreased by 20% to 1,162 units. The market size has decreased by 10% standing at USD 53 millions.
Residential
08.2023
In July 2023, the number of transactions of newly-built flats has declined by 21% year over year, while a 5% YoY decrease has been observed in the case of old flats.
Residential
08.2023
In July 2023, the number of transactions increased in the case of premium newly-built flats, recording 21% YoY growth rate. The figure for the medium and economy segments decreased by 8% and 39% compared to July 2022.
Residential
08.2023
As of July 2023 in Tbilisi the weighted average price of old flats has increased by 4% in all types of districts.
Residential
07.2023
In the first half of 2023, in Tbilisi the weighted average price of old flats has increased by 6% in the suburbs and city centre, while in wide centre 3% growth was observed.
Residential
07.2023
In the first half of 2023, the weighted average price of newly-built flats in Tbilisi has increased by 9% in the suburbs and wide centre, while a 7% growth was recorded in the city centre.
Residential
07.2023
In the first half of 2023, the number of transactions of newly-built premium flats in Tbilisi has increased by 44%, while a 28% growth was observed in the medium segment. As for the economy segment, the figure has decreased by 15% recording 7,890 units.
Residential
07.2023
In the first half of 2023, the number of transactions in new projects decreased by 0.4%. The figure for old flats features a 6% decrease compared to the first half of 2022.
Residential
07.2023
As of June 2023, the weighted average price of newly-built flats in Tbilisi has increased by 6% in the suburbs, by 1% in the wide centre, a 9% growth is recorded in the city centre.
Residential
07.2023
In June 2023 the number of transactions of newly-built premium flats in Tbilisi has increased by 58%, while a 11% growth was observed in the medium segment. As for the economy segment, the figure has increased only by 2% recording 1,626 units.
Residential
07.2023
In the first half of 2023, in Tbilisi the number of transactions of residential flats amounted to 20,026 units, reflecting only a 2% YoY reduction. Market size decreased by 5% standing at USD 1.1 billions.
Residential
07.2023
As of June 2023 in Tbilisi the weighted average price of old flats has increased by 4% in the suburbs, while in the wide centre and the city centre 7% growth is observed.
