In January 2025, the number of transactions of newly-built flats in Batumi has increased by 3% year over year, while a 5.7% YoY increase rate has been observed in the case of old flats.

In January 2025, in Tbilisi the number of transactions of residential flats amounted to 2,892 units, reflecting 7.5% YoY decrease. Market size increased by 2.9% standing at USD 208 millions.

As of January 2025 in Tbilisi the weighted average price of old flats has increased by 12.5% in the wide centre compared to January 2024, in the suburbs and city centre 10.4% and 7.2% increase was witnessed.

In January 2025 the weighted average price of newly-built flats in Batumi increased by 8% equaling USD 1,130 per sq m, while the figure for old flats recorded a 16.2% increase to USD 1,100 per sq m.

As of January 2025, the number of transactions of residential flats in Batumi has increased by 3.2% to 1,049 units. The market size has increased by 17.4% standing at USD 57 millions.

In December 2024, in Tbilisi the number of transactions of residential flats amounted to 4,039 units, reflecting 7% YoY increase. Market size increased by 16% standing at USD 292 millions.

In 2024, in Tbilisi the number of transactions of residential flats amounted to 41,284 units, reflecting an 2% YoY growth. The market size increased by 12% standing at USD 2.8 billions.

In 2024 in Batumi the number of transactions in new projects increased by 1%. The figure for old flats features a 23% decrease compared to 2023.

In December 2024 the number of transactions in new projects in Tbilisi increased by 14%, this growth is attributed to 26% growth in primary transactions (sales by developer), while secondary transactions decreased by 2%. It should be noted that part of the transactions in new projects are registered later by developers. The figure for old flats features a 13% decrease compared to December 2023.

As of December 2024 the weighted average price of newly-built flats in Tbilisi has increased by 13% in the Wide centre, 10% growth was observed in the suburbs, while in the city centre 1% increase was witnessed.

In December 2024, the number of transactions of newly-built flats in Batumi has increased by 23% year over year, while a 16% YoY decrease rate has been observed in the case of old flats.

In 2024, in Batumi the number of transactions of residential flats amounted to 15,034 units, reflecting 2% YoY decrease. Market size also increased by 6% standing at USD 778 millions.