In თებერვალში 2024, the number of transactions of newly-built flats in Batumi has decreased by 31% year over year, while a 19% YoY decline rate has been observed in the case of old flats.
Residential
03.2024
In February 2024 the weighted average price of newly-built flats in Batumi increased by 3% equaling USD 926 per sq m, while the figure for old flats recorded a 16% decrease to USD 664 per sq m.
Residential
03.2024
As of February 2024, the number of transactions of residential flats in Batumi has decreased by 30% up to 1,120 units. The market size has declined by 25% standing at USD 51 millions.
Residential
02.2024
As of January 2024, the number of transactions of residential flats in Batumi has decreased by 22% up to 1,069 units. The market size has declined by 20% standing at USD 46 millions.
Residential
02.2024
In January 2024, in Tbilisi the number of transactions of residential flats amounted to 3,151 units, reflecting 5% YoY growth. Market size increased by 11% standing at USD 197 millions.
Residential
02.2024
In January 2024 the number of transactions in new projects increased by 12%. While the figure for old flats features a 12% decrease compared to January 2023.
Residential
02.2024
As of January 2024 the weighted average price of newly-built flats in Tbilisi has increased by 8% in the suburbs, while the figure declined by 2% in the wide and city centre.
Residential
02.2024
In January 2024, the number of transactions of newly-built flats has decreased by 17% year over year, while a 49% YoY decline rate has been observed in the case of old flats.
Residential
02.2024
In January 2024 the weighted average price of newly-built flats in Batumi increased only by 1% equaling USD 932 per sq m, while the figure for old flats recorded a 7% increase up to USD 718 per sq m.
Residential
02.2024
As of January 2024 in Tbilisi the weighted average price of old flats has increased by 10% in the suburbs, while in the wide centre and city centre 11% and 12% growth was witnessed.
Residential
01.2024
In 2023, in Batumi the number of transactions of residential flats amounted to 15,826 units, reflecting 9% YoY decrease. Market size also decreased by 6% standing at USD 690 millions.
Residential
01.2024
In 2023 the number of transactions in new projects decreased only by 4%. The figure for old flats features a 16% decrease compared to December 2022.
