As of April 2025 the weighted average price of newly-built flats in Tbilisi has increased by 12.9 % in the wide centre compared to April 2024, 6.7% growth was observed in the city centre , while in the suburbs 8.1% increase was witnessed. The growth is mostly driven by the primary market, where weighted average price increased by 13.8% citywide (some primary transactions are registered late, resulting in a price growth trend that does not reflect reality.) In the secondary market of newly built apartments, the weighted average price across the city increased by 5.5%.
Residential
05.2025
In April 2025, the number of transactions in new projects in Tbilisi increased by 5%, driven by growth in the primary market. It should be noted that some transactions in new projects within the primary market are recorded later by developers, which could potentially distort the data and fail to present an accurate picture of the primary market. The declining trend in old projects has persisted - the figure for old flats features a 21.3% decrease compared to April 2024.
Residential
05.2025
In April 2025, the number of transactions of newly-built flats in Batumi has decreased by 3.9% year over year, while a 28.2% YoY decrease rate has been observed in the case of old flats.
Residential
05.2025
As of April 2025, the number of transactions of residential flats in Batumi has decreased by 6.7% to 1,178 units. The market size has increased by 2.2% standing at USD 67 millions.
Residential
05.2025
As of April 2025 in Tbilisi the weighted average price of old flats has increased by 7.5% in the suburbs compared to April 2024, in the city centre 4.4% growth was witnessed, while in the wide centre the weighted average price decreased by 1.5%.
Residential
05.2025
In April 2025, in Tbilisi the number of transactions of residential flats amounted to 3,256 units, reflecting only 2.6% YoY decrease. Market size increased by 6.6% standing at USD 244 millions.
Residential
05.2025
In April 2025 the weighted average price of newly-built flats in Batumi increased by 9.1% equaling USD 1,201 per sq m.
Residential
05.2025
As of April 2025 the weighted average price of newly-built flats in Tbilisi has increased by 12.9 % in the wide centre compared to April 2024, 6.7% growth was observed in the city centre , while in the suburbs 8.1% increase was witnessed. The growth is mostly driven by the primary market, where weighted average price increased by 13.8% citywide (some primary transactions are registered late, resulting in a price growth trend that does not reflect reality.) In the secondary market of newly built apartments, the weighted average price across the city increased by 5.5%.
Residential
04.2025
As of March 2025 the weighted average price of newly-built flats in Tbilisi has increased by 27.7% in the wide centre compared to March 2024, 21% growth was observed in the city centre , while in the suburbs 7.3% increase was witnessed. The significant growth is mostly driven by the primary market, where transactions are registered late, resulting in a price growth trend that does not reflect reality. In the secondary market of newly built apartments, the weighted average price across the city increased by 11.6%.
Residential
04.2025
As of March 2025, the number of transactions of residential flats in Batumi has increased by 5.7% to 1,233 units. The market size has increased by 4.9% standing at USD 64 millions.
Residential
04.2025
As of March 2025 in Tbilisi the weighted average price of old flats has increased by 11.6% in the wide centre compared to March 2024, in the suburbs 10.2% growth was witnessed, while in the city centre the weighted average price increased only by 0.5%.
Residential
04.2025
In March 2025 the number of transactions in new projects in Tbilisi grew by 4.2%, with increases observed in both the primary and secondary markets. It should be noted that some transactions in new projects within the primary market are recorded later by developers, which could potentially distort the data and fail to present an accurate picture of the primary market. The declining trend in old projects has persisted - the figure for old flats features a 15.5% decrease compared to March 2024.
