In June 2024, the number of transactions of newly-built flats in Batumi has decreased by 21% year over year, while a 5% YoY decrease rate has been observed in the case of old flats.
Residential
07.2024
As of June 2024, the number of transactions of residential flats in Batumi has decreased by 19% to 1,105 units. The market size has decreased by 13% standing at USD 56 millions.
Residential
07.2024
As of June 2024 in Tbilisi the weighted average price of old flats has increased by 10% in the suburbs and city centre, while in the wide centre 5% growth was witnessed.
Residential
07.2024
As of June 2024 the weighted average price of newly-built flats in Tbilisi has increased by 12% in the suburbs. The figure has increased by 6% and 4% in the city centre and wide centre.
Residential
07.2024
In June 2024 the number of transactions in new projects decreased by 20%. While the figure for old flats features a 24% decrease compared to June 2023.
Residential
07.2024
In June 2024, in Tbilisi the number of transactions of residential flats amounted to 3,049 units, reflecting 21% YoY decrease. Market size decreased by 13% standing at USD 212 millions.
Residential
06.2024
As of May 2024, the number of transactions of residential flats in Batumi has decreased by 9% to 1,261 units. The market size has decreased by 7% standing at USD 62 millions.
Residential
06.2024
In May 2024, in Tbilisi the number of transactions of residential flats amounted to 3,225 units, reflecting 10% YoY decrease. Market size decreased by 6% standing at USD 208 millions.
Residential
06.2024
In May 2024 the number of transactions in new projects decreased by 4%. While the figure for old flats features a 22% decrease compared to May 2023.
Residential
06.2024
As of May 2024 the weighted average price of newly-built flats in Tbilisi has decreased by 0.5% in the city centre, while the figure has increased by 8% and 14% in the wide centre and suburbs.
Residential
06.2024
As of May 2024 in Tbilisi the weighted average price of old flats has decreased by 1% in the city centre, while in the wide centre and suburbs 5% and 11% growth was witnessed.
Residential
06.2024
In May 2024 the weighted average price of newly-built flats in Batumi increased by 5% equaling USD 1,090 per sq m, while the figure for old flats recorded a 1% decrease to USD 724 per sq m.
