In July 2022, demand has increased by 15% in the medium segment of newly-built residential flats in Batumi, up to 648 units. While the figure for premium flats has decreased by 12%. The demand for economy flats has increased only by 2%.

In July 2022 The weighted average price of newly-built flats in Batumi increased only by 5% equaling USD 811 per sq m, the same growth rate was recorded in the case of old flats standing at USD 618 per sq m.

As of June 2022, the number of transactions of residential flats in Batumi has increased by 17% up to 1,504 units. The market size has increased by 18% standing at USD 63 millions.

In June 2022, in Tbilisi the number of transactions of residential flats amounted to 3,660 units, reflecting 8% YoY growth. Market size increased by 24% standing at USD 193 mln.

In June 2022 the number of transactions in new projects in Tbilisi increased by 11%, mainly driven by a significant increase in medium and premium segments. The figure for old flats features a 2% growth compared to June 2021.

In June 2022 the number of transactions of newly-built medium flats in Tbilisi has more than doubled, while a 82% increase was recorded in the premium segment. As for the economy segment, the figure has decreased by 9%.

The weighted average price of newly-built flats in Tbilisi has significantly increased by 13% in the inner city and centre of Tbilisi, while in the suburbs the figure grew by 12%. As for the old flats, the weighted average price has increased by 11% in the subusrbs, while in the inner city and city centre 8% and 5% increase was observed.

In June 2022 the number of transactions of newly-built flats in Batumi has increased by 8% year over year, while the figure for old flats has doubled up to 256 units.

As of June 2022, the number of transactions of residential flats in Batumi has increased by 17% up to 1,504 units. The market size has increased by 18% standing at USD 63 millions.

In June 2022 the demand has increased by 24% in the medium segment of newly-built residential flats in Batumi, up to 595 units. While the figure for economy and premium flats has decreased by 2% and 10%, respectively.

In June 2022 the weighted average price of newly-built flats in Batumi decreased insignificantly equaling USD 856 per sq m, while the figure for old flats slightly increased by 2%, standing at USD 663 per sq m.

In the first half of 2022, in Tbilisi the number of transactions of residential flats amounted to 19,854 units, reflecting a 20% YoY growth. Market size increased by 33% standing at USD 980 mln.