As of September 2023, the number of transactions of residential flats in Batumi has decreased by 31% up to 1,163 units. The market size has decreased by 30% standing at USD 53 millions.
Residential
10.2023
In September 2023, the number of transactions of newly-built flats has decreased by 32% year over year, while a 20% YoY decline rate has been observed in the case of old flats.
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, in Tbilisi the weighted average price of old flats has increased by 4% in the suburbs, while in wide centre and the city centre 3% and 1% growth was observed.
Residential
10.2023
In the third quarter of 2023, the number of transactions of newly-built flats has decreased by 18% year over year, while a 23% YoY decline rate has been observed in the case of old flats.
Residential
10.2023
In the third quarter of 2023, weighted average price of newly-built flats in Tbilisi has increased by 7% in the suburbs, while in the wide and city centre the figure has slightly declined.
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 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, 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.
Residential
09.2023
In August 2023 the number of transactions of newly built economy flats in Tbilisi decreased by 9%, while 1% decline was observed in the medium segment. As for the premium segment, the figure stayed the same.
Residential
09.2023
As of August 2023, the weighted average price of newly-built flats in Tbilisi has increased by 8% in the suburbs, while 3% decrease was observed in the wide and city centre.
Residential
09.2023
As of August 2023 in Tbilisi the weighted average price of old flats has slightly increased in all types of districts.
