In August 2023, the number of transactions decreased by 29% in the case of medium newly-built flats. The figure for the premium and economy segments experienced a slight decrease.
Residential
09.2023
As of August 2023, the number of transactions of residential flats in Batumi has decreased by 11% to 1,422 units. The market size has decreased by 17% standing at USD 56 millions.
Residential
09.2023
As of August 2023 in Tbilisi the weighted average price of old flats has slightly increased in all types of districts.
Residential
09.2023
In August 2023, the number of transactions of newly-built flats has declined by 8% year over year, while a 41% YoY decrease has been observed in the case of old flats.
Residential
08.2023
As of July 2023 in Tbilisi the weighted average price of old flats has increased by 4% in all types of districts.
Residential
08.2023
In July 2023, the weighted average price of newly-built flats in Batumi increased by 21% equaling USD 986 per sq m, while the figure for old flats recorded a 9% increase up to USD 670 per sq m.
Residential
08.2023
As of July 2023, the weighted average price of newly-built flats in Tbilisi has increased by 9% in the suburbs, while 5% decrease was observed in the wide and city centre.
Residential
08.2023
As of July 2023, the number of transactions of residential flats in Batumi has decreased by 20% to 1,162 units. The market size has decreased by 10% standing at USD 53 millions.
Residential
08.2023
In July 2023, the number of transactions increased in the case of premium newly-built flats, recording 21% YoY growth rate. The figure for the medium and economy segments decreased by 8% and 39% compared to July 2022.
Residential
08.2023
| In July 2023, in Tbilisi the number of transactions of residential flats amounted to 3,540 units, reflecting 7% YoY decrease. Market size also decreased by 7% standing at USD 189 millions.
Residential
08.2023
In July 2023 the number of transactions of newly-built medium flats in Tbilisi has increased by 10%, while a 2% growth was observed in the economy segment. As for the premium segment, the figure has decreased by 7% recording 191 units.
Residential
08.2023
In July 2023, the number of transactions of newly-built flats has declined by 21% year over year, while a 5% YoY decrease has been observed in the case of old flats.
