In 2024, in Batumi the number of transactions of residential flats amounted to 15,034 units, reflecting 2% YoY decrease. Market size also increased by 6% standing at USD 778 millions.
Residential
01.2025
In 2024, in Tbilisi the number of transactions of residential flats amounted to 41,284 units, reflecting an 2% YoY growth. The market size increased by 12% standing at USD 2.8 billions.
Residential
01.2025
In 2024, the weighted average price of newly-built flats in Batumi has increased by 7% compared to 2023, while in the case of old flats 4% growth was witnessed.
Residential
12.2024
In November 2024, the number of transactions of newly-built flats in Batumi has increased by 49% year over year, while a 23% YoY decrease rate has been observed in the case of old flats.
Residential
12.2024
In November 2024, in Tbilisi the number of transactions of residential flats amounted to 3,739 units, reflecting 11% YoY increase. Market size increased by 20% standing at USD 264 millions.
Residential
12.2024
In November 2024 the number of transactions in new projects in Tbilisi increased by 17%. While the figure for old flats features a 7% decrease compared to November 2023.
Residential
12.2024
As of November 2024 the weighted average price of newly-built flats in Tbilisi has increased by 10% in the suburbs, in the city centre and wide centre 6% and 5% increase was witnessed.
Residential
12.2024
As of November 2024, the number of transactions of residential flats in Batumi has increased by 39% to 1,374 units. The market size has increased by 46% standing at USD 71 millions.
Residential
12.2024
In November 2024 the weighted average price of newly-built flats in Batumi increased by 6% equaling USD 1,097 per sq m, while the figure for old flats recorded a 2% decrease to USD 975 per sq m.
Residential
12.2024
As of November 2024 in Tbilisi the weighted average price of old flats has increased by 5% in the suburbs, in the city centre and wide centre 17% and 18% increase was witnessed.
Residential
11.2024
As of October 2024 the weighted average price of newly-built flats in Tbilisi has increased by 11% in the suburbs and by 1% in the city centre. As for the wide centre, the figure decreased by 1% to USD 1,073 per sq. m.
Residential
11.2024
In October 2024 the weighted average price of newly-built flats in Batumi increased by 14% equaling USD 1,141 per sq m, while the figure for old flats recorded an 11% increase to USD 1,014 per sq m.
