In December 2024 the weighted average price of newly-built flats in Batumi increased by 11% equaling USD 1,114 per sq m, while the figure for old flats recorded a 0.2% increase to USD 985 per sq m.
Residential
01.2025
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.
Residential
01.2025
In 2024, the weighted average price of newly-built flats in Tbilisi has increased by 12% YoY in the suburbs, while a 4% and 5% increase was observed in the wide and city centre.
Residential
01.2025
In 2024 the number of transactions in new projects increased by 8.5%. The figure for old flats features a 13% decrease compared to 2023.
Residential
01.2025
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.
Residential
01.2025
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.
Residential
01.2025
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.
Residential
12.2024
As of November 2024 in Tbilisi the weighted average price of old flats has increased by 5% in the suburbs, in the city centre and wide centre 17% and 18% increase was witnessed.
Residential
12.2024
In November 2024 the number of transactions in new projects in Tbilisi increased by 17%. While the figure for old flats features a 7% decrease compared to November 2023.
Residential
12.2024
In November 2024 the weighted average price of newly-built flats in Batumi increased by 6% equaling USD 1,097 per sq m, while the figure for old flats recorded a 2% decrease to USD 975 per sq m.
Residential
12.2024
In November 2024, the number of transactions of newly-built flats in Batumi has increased by 49% year over year, while a 23% YoY decrease rate has been observed in the case of old flats.
Residential
12.2024
As of November 2024, the number of transactions of residential flats in Batumi has increased by 39% to 1,374 units. The market size has increased by 46% standing at USD 71 millions.
