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.
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
01.2025
As of December 2024, the number of transactions of residential flats in Batumi has increased by 19% to 1,426 units. The market size has increased by 28% standing at USD 76 millions.
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
In 2024, the weighted average price of old flats in Tbilisi increased by 13% YoY in the suburbs and the wide centre, 15% increase was observed in the wide and city centre.
Residential
01.2025
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.
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 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
12.2024
In November 2024, in Tbilisi the number of transactions of residential flats amounted to 3,739 units, reflecting 11% YoY increase. Market size increased by 20% standing at USD 264 millions.
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
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 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.