In September 2023 in Tbilisi the number of transactions in new projects decreased by 18%. The figure for old flats features a 26% decrease compared to September 2022.
Residential
10.2023
As of September 2023 weighted average price of newly-built flats in Tbilisi has increased by 6% in the suburbs, by 7% in the wide center and only 1% growth is recorded in the city centre.
Residential
10.2023
As of September 2023 in Tbilisi the weighted average price of old flats has increased by 5% and 3% in the suburbs and in the wide centre, while a 3% decline is observed in the city centre.
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, 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
As of the third quarter of 2023, the number of transactions of residential flats in Batumi has decreased by 18% to 3,871 units. The market size has decreased by 19% standing at USD 164 millions.
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, 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 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
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.
