In February 2023 the weighted average price of newly-built flats in Batumi increased by 22% equaling USD 895 per sq m, while the figure for old flats recorded a 28% increase up to USD 791 per sq m, which should be attributed to the growth of prices in old Batumi.
Residential
02.2023
In January 2023, in Tbilisi the number of transactions of residential flats amounted to 2,844 units, reflecting 10% YoY growth. Market size increased by 24% standing at USD 156 millions.
Residential
02.2023
In January 2023 the number of transactions of newly-built premium flats in Tbilisi has almost doubled and increased by 94%, while a 55% growth was observed in the medium segment. As for the economy segment, the figure has decreased by 10% recording 1,136 units.
Residential
02.2023
As of January 2023 the weighted average price of newly-built flats in Tbilisi has increased by 14% in the suburbs and wide centre, while 13% growth is recorded in the city centre.
Residential
02.2023
As of January 2023 in Tbilisi the weighted average price of old flats has increased by 10% in the suburbs and city centre, while in wide centre 8% growth is observed.
Residential
02.2023
In January 2023 the number of transactions in new projects increased by 11%. The figure for old flats features a 8% growth compared to January 2022.
Residential
02.2023
As of January 2023, the number of transactions of residential flats in Batumi has increased by 75% up to 1,330 units. The market size has increased by 98% standing at USD 58 millions.
Residential
02.2023
In January 2023, the number of transactions of newly-built flats has grown by 76% year over year, while a 72% YoY growth rate has been observed in the case of old flats.
Residential
02.2023
In January 2023, the demand considerably increased in the case of premium newly-built flats, recording 339% YoY growth rates. The figure for the economy and medium segments increased by 39% and 68% amounting to 579 and 296 units.
Residential
02.2023
In January 2023 the weighted average price of newly-built flats in Batumi increased by 34% equaling USD 924 per sq m, while the figure for old flats recorded a 6% increase up to USD 674 per sq m.
Residential
01.2023
As of December 2022, the number of transactions of residential flats in Batumi has increased by 38% up to 1,734 units. The market size has increased by 116% standing at USD 107 millions.
Residential
01.2023
In December 2022, the number of transactions of newly-built flats has grown by 38% year over year, while a 35% YoY growth rate has been observed in the case of old flats.
