In April 2024 the weighted average price of newly-built flats in Batumi increased by 12% equaling USD 1,155 per sq m, while the figure for old flats recorded a 1% decrease to USD 682 per sq m.
Residential
05.2024
In April 2024, in Tbilisi the number of transactions of residential flats amounted to 3,355 units, reflecting 26% YoY increase. Market size increased by 32% standing at USD 217 millions.
Residential
05.2024
As of April 2024 the weighted average price of newly-built flats in Tbilisi has increased by 8% in the suburbs, while the figure has increased by 12% and 4% in the wide and city centre.
05.2024
As of April 2024 in Tbilisi the weighted average price of old flats has increased by 8% in the suburbs, while in the wide centre and city centre 6% and 9% growth was witnessed.
Residential
04.2024
As of March 2024 the weighted average price of newly-built flats in Tbilisi has increased by 9% in the suburbs, while the figure has decreased by 7% and 1% in the wide and city centre.
Residential
04.2024
In March 2024, the number of transactions of newly-built flats in Batumi has decreased by 18% year over year, while a 28% YoY decline rate has been observed in the case of old flats.
Residential
04.2024
As of the first quarter of 2024 in Tbilisi the weighted average price of old flats has increased by 10% in the suburbs and the wide centre, while in the city centre 7% growth was witnessed.
Residential
04.2024
In March 2024 the weighted average price of newly-built flats in Batumi increased by 10% equaling USD 992 per sq m, while the figure for old flats recorded a 2% decrease to USD 689 per sq m.
Residential
04.2024
In March 2024 the number of transactions in new projects decreased by 4%. While the figure for old flats features a 25% decrease compared to March 2023.
Residential
04.2024
In the first quarter 2024 the number of transactions in new projects increased by 4%. While the figure for old flats features a 16% decrease compared to Q1 2023.
Residential
04.2024
In the first quarter of 2024, in Tbilisi the number of transactions of residential flats amounted to 9,824 units, reflecting 3% YoY decrease. Market size increased by 3% standing at USD 622 millions.
Residential
04.2024
In March 2024, in Tbilisi the number of transactions of residential flats amounted to 3,127 units, reflecting 11% YoY decrease. Market size decreased by 7% standing at USD 199 millions.
