In May 2025 the weighted average price of newly-built flats in Batumi increased by 20.8% equaling USD 1,203 per sq m. The growth is mostly driven by the primary market, where weighted average price increased by 23.6% It should be noted that some primary transactions are registered late, resulting in a price growth trend that does not reflect reality.
Residential
06.2025
As of May 2025, the number of transactions of residential flats in Batumi has increased by 8.9 % to 1,354 units. The market size has increased by 23.7% standing at USD 76 millions.
Note: The methodology of price analysis has been updated for new projects, which has resulted in changes in 2022-2025 figures.
Residential
06.2025
In May 2025, the number of transactions in new projects in Tbilisi increased by 12.2%, driven by growth in the secondary market. The declining trend in old projects has persisted - the figure for old flats features a 7% decrease compared to May 2024. However, it should be noted that the rate of decline has been slowing relative to previous periods.
Residential
06.2025
As of May 2025 the weighted average price of newly-built flats in Tbilisi has increased by 13.5% in the suburbs compared to May 2024, 8.9% growth was observed in the wide centre , while in the city centre 6.8% increase was witnessed. The growth is mostly driven by the primary market, where weighted average price increased by 15.2% 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 5.7%.
Residential
06.2025
As of May 2025 in Tbilisi the weighted average price of old flats has increased by 9.5% in the city centre compared to May 2024, in the wide centre 1.4% growth was witnessed, while in the suburbs the weighted average price increased by 3.8%.
Residential
06.2025
In May 2025, the number of transactions of newly-built flats in Batumi has increased by 10.1% year over year, while a 3.7% YoY decrease rate has been observed in the case of old flats.
Residential
06.2025
In May 2025, in Tbilisi the number of transactions of residential flats amounted to 3,437 units, reflecting 7.2% YoY increase. Market size increased by 21% standing at USD 261 millions.
Note: The methodology of price analysis has been updated for new projects, which has resulted in changes in 2022-2025 figures.
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
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 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.
