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All Real Estate Metaverse
Residential
01.2024
In 2023, the weighted average price of newly-built flats in Tbilisi has increased by 17% YoY in the suburbs, while a 12% and 15% increase was observed in the wide and city centre.
Residential
01.2024
In December 2023, in Tbilisi the number of transactions of residential flats amounted to 3,827 units, reflecting 7% YoY decrease. However, market size increased by 4% standing at USD 246 millions.
Residential
01.2024
In December 2023, in Batumi the number of transactions of residential flats amounted to 1,203 units, reflecting 33% YoY decrease. Market size also decreased by 31% standing at USD 55 millions
Residential
01.2024
In December 2023 the number of transactions in new projects decreased only by 1%. The figure for old flats features a 21% decrease compared to December 2022.
Residential
01.2024
In 2023, the weighted average price of newly-built flats in Batumi has increased by 13% compared to 2022, while in the case of old flats 8% growth was witnessed.
Residential
01.2024
In 2023, the weighted average price of old flats in Tbilisi increased by 23% YoY in the suburbs, while 18% and 15% increase was observed in the wide and city centre.
Residential
01.2024
In December 2023 in Batumi the number of transactions in new projects decreased by 33%. The figure for old flats features a 35% decrease compared to December 2022.
Residential
12.2023
In the first 11 months of 2023, the weighted average price of old flats in Tbilisi increased by 24% YoY in the suburbs, while a 17% and 16% increase was observed in the wide and city centre.
Residential
12.2023
In the first 11 months of 2023, the weighted average price of newly-built flats in Batumi has increased by 15% compared to the same period of 2022, while in the case of old flats 7% growth was witnessed.
Residential
12.2023
In November 2023, in Batumi the number of transactions of residential flats amounted to 993 units, reflecting 41% YoY decrease. Market size also decreased by 43% standing at USD 43 millions.
Residential
12.2023
In the first 11 months of 2023, the weighted average price of newly-built flats in Tbilisi has increased by 17% YoY in the suburbs, while a 13% and 14% increase was observed in the wide and city centre.
Residential
12.2023
In November 2023 the number of transactions in new projects decreased by 10%. The figure for old flats features a 27% decrease compared to November 2022.