In the first half of 2024, the number of transactions of newly-built flats in Batumi has decreased by 17% year over year, while a 21% YoY decline rate has been observed in the case of old flats.
Residential
07.2024
As of the first half of 2024, the number of transactions of residential flats in Batumi has decreased by 17% to 6,915 units. The market size has declined by 11% standing at USD 350 millions.
Residential
07.2024
As of the first half of 2024 in Tbilisi the weighted average price of old flats has increased by 12% in the suburbs. While 11% and 10% growth was witnessed in the wide centre and city centre, respectively.
Residential
06.2024
As of May 2024 in Tbilisi the weighted average price of old flats has decreased by 1% in the city centre, while in the wide centre and suburbs 5% and 11% growth was witnessed.
Residential
06.2024
In May 2024 the number of transactions in new projects decreased by 4%. While the figure for old flats features a 22% decrease compared to May 2023.
Residential
06.2024
As of May 2024, the number of transactions of residential flats in Batumi has decreased by 9% to 1,261 units. The market size has decreased by 7% standing at USD 62 millions.
Residential
06.2024
As of May 2024 the weighted average price of newly-built flats in Tbilisi has decreased by 0.5% in the city centre, while the figure has increased by 8% and 14% in the wide centre and suburbs.
Residential
06.2024
In May 2024, in Tbilisi the number of transactions of residential flats amounted to 3,225 units, reflecting 10% YoY decrease. Market size decreased by 6% standing at USD 208 millions.
Residential
06.2024
In May 2024 the weighted average price of newly-built flats in Batumi increased by 5% equaling USD 1,090 per sq m, while the figure for old flats recorded a 1% decrease to USD 724 per sq m.
Residential
06.2024
In May 2024, the number of transactions of newly-built flats in Batumi has decreased by 8% year over year, while a 23% YoY decrease rate has been observed in the case of old flats.
Residential
05.2024
In April 2024, in Tbilisi the number of transactions of residential flats amounted to 3,355 units, reflecting 26% YoY increase. Market size increased by 32% standing at USD 217 millions.
05.2024
As of April 2024 in Tbilisi the weighted average price of old flats has increased by 8% in the suburbs, while in the wide centre and city centre 6% and 9% growth was witnessed.
