In October 2023, in Tbilisi the number of transactions in new projects decreased by 19%. The figure for old flats features a 22% decrease compared to October 2022.
Residential
11.2023
In October 2023, in Tbilisi the number of transactions of residential flats amounted to 3,387 units, reflecting a 20% YoY decrease. Market size also decreased by 10% standing at USD 216 millions.
Residential
10.2023
In the third quarter of 2023, the weighted average price of newly-built flats in Batumi increased by 15% equaling USD 969 per sq m, while the figure for old flats recorded a 7% increase up to USD 711 per sq m.
Residential
10.2023
In September 2023, in Tbilisi the number of transactions of residential flats amounted to 3,136 units, reflecting a 21% YoY reduction. Market size decreased by 20% standing at USD 169 millions.
Residential
10.2023
In September 2023 in Tbilisi the number of transactions in new projects decreased by 18%. The figure for old flats features a 26% decrease compared to September 2022.
Residential
10.2023
As of September 2023 weighted average price of newly-built flats in Tbilisi has increased by 6% in the suburbs, by 7% in the wide center and only 1% growth is recorded in the city centre.
Residential
10.2023
As of September 2023 in Tbilisi the weighted average price of old flats has increased by 5% and 3% in the suburbs and in the wide centre, while a 3% decline is observed in the city centre.
Residential
10.2023
As of September 2023, the number of transactions of residential flats in Batumi has decreased by 31% up to 1,163 units. The market size has decreased by 30% standing at USD 53 millions.
Residential
10.2023
In September 2023, the number of transactions of newly-built flats has decreased by 32% year over year, while a 20% YoY decline rate has been observed in the case of old flats.
Residential
10.2023
In September 2023, the weighted average price of newly-built flats in Batumi increased by 7% equaling USD 940 per sq m, while the figure for old flats recorded a 13% increase up to USD 751 per sq m.
Residential
10.2023
In the third quarter of 2023, in Tbilisi the weighted average price of old flats has increased by 4% in the suburbs, while in wide centre and the city centre 3% and 1% growth was observed.
Residential
10.2023
As of the third quarter of 2023, the number of transactions of residential flats in Batumi has decreased by 18% to 3,871 units. The market size has decreased by 19% standing at USD 164 millions.
