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All Real Estate Metaverse
Residential
07.2023
In June 2023, the weighted average price of newly-built flats in Batumi increased by 20% equaling USD 983 per sq m, while the figure for old flats recorded a 23% increase up to USD 827 per sq m.
Residential
07.2023
As of the first half of 2023, the number of transactions of residential flats in Batumi has increased by 9% up to 8,160 units. The market size has increased by 18% standing at USD 361 millions.
Residential
07.2023
In the first half of 2023, the number of transactions of newly-built flats has grown by 11% year over year, while a 3% YoY decrease has been observed in the case of old flats.
Residential
07.2023
In the first half of 2023, the number of transactions considerably increased in the case of premium newly-built flats, recording 81% YoY growth rates. The figure for the medium segment has increased only by 2% compared to the first half of 2022, while in the economy segment 3% decrease is observed.
Residential
07.2023
In the first half of 2023, the weighted average price of newly-built flats in Batumi increased by 20% equaling USD 920 per sq m, while the figure for old flats recorded a 13% increase up to USD 735 per sq m.
Residential
06.2023
In May 2023, in Tbilisi the number of transactions of residential flats amounted to 3,515 units, reflecting a 0.1% YoY increase. Market size increased by 8% standing at USD 195 millions.
Residential
06.2023
In May 2023 the number of transactions in new projects increased by 3.7%. The figure for old flats features a 7% decrease compared to May 2022.
Residential
06.2023
In May 2023 the number of transactions of newly-built economy flats in Tbilisi decreased by 14%, while a 42% and 30% increase was observed in the medium and premium segments.
Residential
06.2023
As of May 2023, the weighted average price of newly-built flats in Tbilisi has increased by 6% in the suburbs, while in the wide centre and in the city centre, 2% and 3% increase was observed, respectively.
Residential
06.2023
As of May 2023 in Tbilisi the weighted average price of old flats has increased by 5% in the suburbs, while a 2% and 8% growth was observed in the wide and city centre.
Residential
06.2023
As of May 2023, the number of transactions of residential flats in Batumi has decreased by 8% to 1,361 units. The market size has increased by 3% standing at USD 63 millions.
Residential
06.2023
In May 2023, in Batumi the number of transactions of newly-built flats has declined by 8% year over year, while a 6% YoY decrease has been observed in the case of old flats.