In March 2025 the weighted average price of newly-built flats in Batumi increased by 4% equaling USD 1,170 per sq m, while the figure for old flats recorded a 22.5% increase to USD 1,149 per sq m.
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.
Residential
04.2025
In March 2025, the number of transactions of newly-built flats in Batumi has increased by 12% year over year, while a 46.5% YoY decrease rate has been observed in the case of old flats.
Residential
04.2025
In March 2025, in Tbilisi the number of transactions of residential flats amounted to 3,064 units, reflecting only 1.5% YoY decrease. Market size increased by 16.7% standing at USD 243 millions.
Residential
03.2025
In February 2025, in Tbilisi the number of transactions of residential flats amounted to 3,205 units, reflecting 8.9% YoY decrease. Market size decreased by 0.6% standing at USD 234 millions.
Residential
03.2025
As of February 2025, the number of transactions of residential flats in Batumi has increased by 6.4% to 1,177 units. The market size has increased by 13.1% standing at USD 64 millions.
Residential
03.2025
As of February 2025 in Tbilisi the weighted average price of old flats has increased by 12.6% in the wide centre compared to February 2024, in the suburbs and city centre 6.2% and 5.9% increase was witnessed.
Residential
03.2025
In February 2025 the number of transactions in new projects in Tbilisi decreased by 2%. 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 27.2% decrease compared to February 2024.
Residential
03.2025
In February 2025 the weighted average price of newly-built flats in Batumi increased by 14.4% equaling USD 1,189 per sq m, while the figure for old flats recorded a 8.8% increase to USD 1,099 per sq m.
