In March 2024 the number of transactions in new projects decreased by 4%. While the figure for old flats features a 25% decrease compared to March 2023.
Residential
04.2024
In the first quarter 2024 the number of transactions in new projects increased by 4%. While the figure for old flats features a 16% decrease compared to Q1 2023.
Residential
04.2024
As of the first quarter of 2024 in Tbilisi the weighted average price of old flats has increased by 10% in the suburbs and the wide centre, while in the city centre 7% growth was witnessed.
Residential
04.2024
As of March 2024, the number of transactions of residential flats in Batumi has decreased by 20% to 1,185 units. The market size has declined by 14% standing at USD 56 millions.
Residential
04.2024
In the first quarter of 2024, in Tbilisi the number of transactions of residential flats amounted to 9,824 units, reflecting 3% YoY decrease. Market size increased by 3% standing at USD 622 millions.
Residential
04.2024
As of the first quarter of 2024, the number of transactions of residential flats in Batumi has decreased by 24% to 3,374 units. The market size has declined by 20% standing at USD 152 millions.
Residential
04.2024
In March 2024, in Tbilisi the number of transactions of residential flats amounted to 3,127 units, reflecting 11% YoY decrease. Market size decreased by 7% standing at USD 199 millions.
Residential
04.2024
As of March 2024 in Tbilisi the weighted average price of old flats has increased by 7% in the suburbs, while in the wide centre and city centre 14% and 4% growth was witnessed.
Residential
04.2024
As of March 2024 the weighted average price of newly-built flats in Tbilisi has increased by 9% in the suburbs, while the figure has decreased by 7% and 1% in the wide and city centre.
Residential
04.2024
In the first quarter of 2024 the weighted average price of newly-built flats in Batumi increased by 5% equaling USD 945 per sq m, while the figure for old flats recorded a 6% decrease to USD 685 per sq m.
Residential
04.2024
In March 2024, the number of transactions of newly-built flats in Batumi has decreased by 18% year over year, while a 28% YoY decline rate has been observed in the case of old flats.
Residential
04.2024
In March 2024 the weighted average price of newly-built flats in Batumi increased by 10% equaling USD 992 per sq m, while the figure for old flats recorded a 2% decrease to USD 689 per sq m.
