In September 2022, in Tbilisi the number of transactions of residential flats amounted to 3,831 units, reflecting 27% YoY growth. Market size increased by 42% standing at USD 196 mln.
Residential
10.2022
In september 2022 the number of transactions in new projects increased by 29%, mainly driven by a doubled demand in medium and premium segments. The figure for old flats features a 22% growth compared to september 2021.
Residential
10.2022
In September 2022 the number of transactions of newly-built medium flats in Tbilisi has almost doubled, while a 167% growth was observed in the premium segment. As for the economy segment, the figure has increased by only 5%.
Residential
10.2022
The weighted average price of newly-built flats has increased by 16% in the centre of Tbilisi, while the figure grew by 15% in the inner city. As for the suburbs, 11% growth is recorded. Regarding old flats, the weighted average price has increased by 10% in the suburbs, while in the city centre and inner city 9% growth is observed.
Residential
10.2022
As of September 2022, the number of transactions of residential flats in Batumi has increased by 47% up to 1,627 units. The market size has increased by 57% standing at USD 74 millions.
Residential
10.2022
In September 2022, the number of transactions of newly-built flats has grown by 51% year over year, while a 21% YoY growth rate has been observed in the case of old flats.
Residential
10.2022
In September 2022, the demand has almost doubled for the premium segment of newly-built residential flats, up to 311 units. While the figure for medium and economy flats has increased by 55% and 36%, respectively.
Residential
10.2022
In September 2022 the weighted average price of newly-built flats in Batumi increased by 14% equaling USD 886 per sq m, a 10% growth rate was recorded in the case of old flats standing at USD 678 per sq m.
Residential
10.2022
According to the first 9 months of 2022, in Tbilisi the number of transactions of residential flats amounted to 31,023 units, reflecting 21% YoY growth. Market size increased by 35% standing at USD 1.5 billion.
Residential
10.2022
In January-September of 2022, the number of transactions in new projects in Tbilisi increased by 24%, mainly due to the increased demand in medium and premium segments. The figure for old flats features a 16% growth compared to January-September of 2021.
Residential
10.2022
As of January-September of 2022 the number of transactions of newly-built medium flats in Tbilisi has doubled, while a 137% growth was observed in the premium segment. As for the economy segment, the figure has increased only by 5%.
Residential
10.2022
According to the 9 months of 2022, the weighted average price of newly-built flats has increased by 11% in the centre and inner city of Tbilisi, while the figure grew by 9% in the suburbs. As for the old flats, the weighted average price has increased by 8% in the suburbs, while in the city centre and inner city 7% growth is observed.
