News
Residential
08.2026
In July 2026, the weighted average price of newly built flats in Batumi decreased slightly by 0.1% year-over-year, reaching USD 1,376 per square meter. The decline in weighted average price was driven by primary market, where the figure dropped by. 14.4% year-over year. While weighted average price for secondary transactions showed 9.1% growth. The primary market decline is explained by the bulk registration of one high-priced project in July 2025; excluding this project, the weighted average price for the primary market would have increased by 2%.
Residential
08.2026
As of July 2026, the weighted average price of newly built flats in Tbilisi increased across all market areas, rising by 10% in the suburbs, 14.7% in the wider center, and 13.3% in the city center compared to July 2025. Citywide, the weighted average price increased by 10% in the primary market and by 9.6% in the secondary market.
Residential
08.2026
As of July 2026, the weighted average price of old flats in Tbilisi increased by 15.1% in the city center, by 2.3% in the wide center and by 12.8% in the suburbs compared to July 2025. Overall, the weighted average price of old projects across the city rose by 13.8%.
Residential
08.2026
In July 2026, the number of transactions in new projects in Tbilisi increased by 29.8% compared to July of the previous year. Growth was observed in both the primary (30.5%) and secondary (28.9%) markets for newly built flats. The growth in number of transactions for newly built flats reflect the rise in supply and Samgori district accounts for 44% of the growth. Transactions in old projects also rose, showing a 1.6% increase. In July 2026, Georgian citizens remained the dominant buyers in both old and new projects, while the share of foreign buyers amounted to just 12%.
Residential
08.2026
As of July 2026, the number of transactions of residential flats in Batumi has decreased by 11.8% year over year, reaching 1,378 units. The market size has decreased by 5.2%, standing at USD 92 million.
The share of foreign buyers in transactions in old and new projects increased compared to July 2025, reaching 48%. While the share for Georgian buyers decreased to 50%.
Residential
08.2026
In July 2026, the number of transactions for newly built flats in Batumi decreased by 11.1% year-over-year, while transactions involving older flats declined by 22.4%. The decline was caused by primary market, where number of transactions decreased by 32.8%, while Secondary transactions increased by 19.1%. The decline in primary market transactions was largely due to bulk registrations of several projects in July 2025, which had boosted that month's figures.
Residential
08.2026
In July 2026, in Tbilisi the number of transactions of residential flats amounted to 4,486 units, reflecting 22.8% YoY increase. Market size increased by 36.7% standing at USD 393 millions.
Residential
07.2026
As of the first half of 2026, the number of transactions of residential flats in Batumi has increased by 11.4% year over year, reaching 7,838 units. The market size has increased by 29%, standing at USD 507 million.
Residential
07.2026
As of the first half of 2026, the weighted average price of newly built flats in Tbilisi increased across all market areas, rising by 10.2% in the suburbs, 9.5% in the wider center, and 14.5% in the city center compared to the first half of 2025. Citywide, the weighted average price increased by 11.7% in the primary market and by 9.5% in the secondary market.
Residential
07.2026
As of June 2026, the number of transactions of residential flats in Batumi has increased by 8.2% year over year, reaching 1,468 units. The market size has increased by 28.2%, standing at USD 100 million.
Residential
07.2026
In June 2026, the number of transactions in new projects in Tbilisi increased by 46.6% compared to May of the previous year. Growth was observed in both the primary (54.7%) and secondary (36.5%) markets for newly built flats. The growth in number of transactions for newly built flats reflect the rise in supply. Transactions in old projects also rose, showing a 2.3% increase. In June 2026, Georgian citizens remained the dominant buyers in both old and new projects, while the share of foreign buyers amounted to just 10%.
Residential
07.2026
As of the first half of 2026, the weighted average price of old flats in Tbilisi increased by 15.6% in the city center, by 10.2% in the wide center and by 8.5% in the suburbs compared to the first half of 2025. Overall, the weighted average price of old projects across the city rose by 12.9%. The strong price growth was affected by a relatively small number of recorded transactions.