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
In August 2023, the number of transactions of newly-built flats has declined by 8% year over year, while a 41% YoY decrease has been observed in the case of old flats.
Residential
09.2023
In August 2023, the number of transactions decreased by 29% in the case of medium newly-built flats. The figure for the premium and economy segments experienced a slight decrease.
Residential
09.2023
In August 2023, the weighted average price of newly-built flats in Batumi increased by 20% equaling USD 984 per sq m, while the figure for old flats recorded a 3% increase up to USD 728 per sq m.
Residential
09.2023
As of August 2023, the number of transactions of residential flats in Batumi has decreased by 11% to 1,422 units. The market size has decreased by 17% standing at USD 56 millions.
Residential
08.2023
In July 2023 the number of transactions of newly-built medium flats in Tbilisi has increased by 10%, while a 2% growth was observed in the economy segment. As for the premium segment, the figure has decreased by 7% recording 191 units.
Residential
08.2023
As of July 2023, the weighted average price of newly-built flats in Tbilisi has increased by 9% in the suburbs, while 5% decrease was observed in the wide and city centre.
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
08.2023
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 weighted average price of newly-built flats in Batumi increased by 21% equaling USD 986 per sq m, while the figure for old flats recorded a 9% increase up to USD 670 per sq m.
Residential
08.2023
In July 2023 the number of transactions in new projects increased by 3%. The figure for old flats features a 27% decrease compared to July 2022.
