In June 2024 the weighted average price of newly-built flats in Batumi increased by 4% equaling USD 1,098 per sq m, while the figure for old flats recorded a 2% increase to USD 1,037 per sq m.
Residential
07.2024
In the first half of 2024, in Tbilisi the number of transactions of residential flats amounted to 19,477 units, reflecting 3% YoY decrease. Market size increased by 5% standing at USD 1.3 billion.
Residential
07.2024
In the first half of 2024, the number of transactions of newly-built flats in Batumi has decreased by 17% year over year, while a 21% YoY decline rate has been observed in the case of old flats.
Residential
07.2024
In the first half of 2024 the weighted average price of newly-built flats in Batumi increased by 5% equaling USD 1,082 per sq m, while the figure for old flats recorded a 4% increase to USD 966 per sq m.
Residential
07.2024
As of the first half of 2024, the number of transactions of residential flats in Batumi has decreased by 17% to 6,915 units. The market size has declined by 11% standing at USD 350 millions.
Residential
07.2024
In June 2024 the number of transactions in new projects decreased by 20%. While the figure for old flats features a 24% decrease compared to June 2023.
Residential
07.2024
As of June 2024 the weighted average price of newly-built flats in Tbilisi has increased by 12% in the suburbs. The figure has increased by 6% and 4% in the city centre and wide centre.
Residential
07.2024
As of the first half of 2024 in Tbilisi the weighted average price of old flats has increased by 12% in the suburbs. While 11% and 10% growth was witnessed in the wide centre and city centre, respectively.
Residential
07.2024
In the first half 2024 the number of transactions in new projects increased by 3%. While the figure for old flats features a 15% decrease compared to H1 2023.
Residential
07.2024
As of June 2024, the number of transactions of residential flats in Batumi has decreased by 19% to 1,105 units. The market size has decreased by 13% standing at USD 56 millions.
Residential
07.2024
As of June 2024 in Tbilisi the weighted average price of old flats has increased by 10% in the suburbs and city centre, while in the wide centre 5% growth was witnessed.
Residential
07.2024
In June 2024, in Tbilisi the number of transactions of residential flats amounted to 3,049 units, reflecting 21% YoY decrease. Market size decreased by 13% standing at USD 212 millions.
