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 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 the first quarter of 2024, the number of transactions of newly-built flats in Batumi has decreased by 23% year over year, while a 32% YoY decline rate has been observed in the case of old flats.
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 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
03.2024
In თებერვალში 2024, the number of transactions of newly-built flats in Batumi has decreased by 31% year over year, while a 19% YoY decline rate has been observed in the case of old flats.
Residential
03.2024
In February 2024, in Tbilisi the number of transactions of residential flats amounted to 3,546 units, reflecting 1% YoY decrease. Market size increased by 5% standing at USD 227 millions.
Residential
03.2024
In February 2024 the number of transactions in new projects increased by 4%. While the figure for old flats features a 10% decrease compared to February 2023.
Residential
03.2024
As of February 2024 the weighted average price of newly-built flats in Tbilisi has increased by 7% in the suburbs, while the figure has increased by 1% and 2% in the wide and city centre.
Residential
03.2024
As of February 2024, the number of transactions of residential flats in Batumi has decreased by 30% up to 1,120 units. The market size has declined by 25% standing at USD 51 millions.
Residential
03.2024
In February 2024 the weighted average price of newly-built flats in Batumi increased by 3% equaling USD 926 per sq m, while the figure for old flats recorded a 16% decrease to USD 664 per sq m.
