In February 2025 the number of transactions in new projects in Tbilisi decreased by 2%. 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 27.2% decrease compared to February 2024.

As of February 2025, the number of transactions of residential flats in Batumi has increased by 6.4% to 1,177 units. The market size has increased by 13.1% standing at USD 64 millions.

As of January 2025 in Tbilisi the weighted average price of old flats has increased by 12.5% in the wide centre compared to January 2024, in the suburbs and city centre 10.4% and 7.2% increase was witnessed.

In January 2025 the weighted average price of newly-built flats in Batumi increased by 8% equaling USD 1,130 per sq m, while the figure for old flats recorded a 16.2% increase to USD 1,100 per sq m.

As of January 2025 the weighted average price of newly-built flats in Tbilisi has increased by 24.8% in the wide centre compared to January 2024, 8.8% growth was observed in the suburbs, while in the city centre 5.8% increase was witnessed. The most significant price change was observed in the wide centre, which was driven by the fact that in January 2024, transactions from two large projects spanning 3-4 years were registered all at once. This caused a decrease in the weighted average price at that time. Without these projects, prices in the wide centre increased by 7.1%.

As of January 2025, the number of transactions of residential flats in Batumi has increased by 3.2% to 1,049 units. The market size has increased by 17.4% standing at USD 57 millions.

In January 2025, in Tbilisi the number of transactions of residential flats amounted to 2,892 units, reflecting 7.5% YoY decrease. Market size increased by 2.9% standing at USD 208 millions.

In January 2025 the number of transactions in new projects in Tbilisi increased only by 0.5%. It should be noted that part of the transactions in new projects are registered later by developers. The figure for old flats features a 29.2% decrease compared to January 2024.. It is noteworthy that the declining trend in old projects has persisted for the last two years, although a decline greater than 29.2% has only been recorded since 2012 during the pandemic period.

In January 2025, the number of transactions of newly-built flats in Batumi has increased by 3% year over year, while a 5.7% YoY increase rate has been observed in the case of old flats.

In December 2024 the weighted average price of newly-built flats in Batumi increased by 11% equaling USD 1,114 per sq m, while the figure for old flats recorded a 0.2% increase to USD 985 per sq m.

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.

As of December 2024, the number of transactions of residential flats in Batumi has increased by 19% to 1,426 units. The market size has increased by 28% standing at USD 76 millions.