As of April 2023, the number of transactions of residential flats in Batumi has decreased by 20% to 1,133 units. The market size has declined by 15% standing at USD 50 millions.
Residential
05.2023
In April 2023, in Batumi the number of transactions of newly-built flats has declined by 18% year over year, while a 32% YoY decrease has been observed in the case of old flats.
Residential
05.2023
In April 2023, in Batumi the number of transactions of premium newly-built flats increased by 42% YoY. The figure for the economy and medium segments decreased by 28% and 27% compared to April 2022.
Residential
05.2023
In April 2023, the weighted average price of newly-built flats in Batumi increased by 19% equaling USD 908 per sq m, while the figure for old flats recorded only 1% increase up to USD 690 per sq m.
Residential
04.2023
In March 2023, in Tbilisi the number of transactions of residential flats amounted to 3,368 units, reflecting 12% YoY reduction. Market size decreased by 4% standing at USD 186 millions.
Residential
04.2023
In March 2023 the number of transactions in new projects decreased by 14%. The figure for old flats features a 9% decrease compared to March 2022.
Residential
04.2023
In March 2023 the number of transactions of newly-built premium flats in Tbilisi has increased by 26%, while a 15% growth was observed in the medium segment. As for the economy segment, the figure has decreased by 29% recording 1,258 units.
Residential
04.2023
As of March 2023 weighted average price of newly-built flats in Tbilisi has increased by 13% in the suburbs, by 12% in the wide center, a 5% growth is recorded in the city centre.
Residential
04.2023
As of March 2023 in Tbilisi the weighted average price of old flats has increased by 7% in the suburbs, while in the wide centre and the city centre 4% and 9% growth is observed.
Residential
04.2023
As of March 2023, the number of transactions of residential flats in Batumi has increased by 16% up to 1,399 units. The market size has increased by 32% standing at USD 63 millions.
Residential
04.2023
In March 2023, the number of transactions of newly-built flats has grown by 17% year over year, while a 12% YoY growth rate has been observed in the case of old flats.
Residential
04.2023
In March 2023, the number of transactions considerably increased in the case of premium newly-built flats, recording 101% YoY growth rates. The figure for the medium segment increased by 5% while the number of transactions in the economy segment has stayed roughly the same.
