In 2023, the weighted average price of old flats in Tbilisi increased by 23% YoY in the suburbs, while 18% and 15% increase was observed in the wide and city centre.
Residential
01.2024
In 2023, the weighted average price of newly-built flats in Tbilisi has increased by 17% YoY in the suburbs, while a 12% and 15% increase was observed in the wide and city centre.
Residential
01.2024
In December 2023 the number of transactions in new projects decreased only by 1%. The figure for old flats features a 21% decrease compared to December 2022.
Residential
12.2023
In November 2023, in Batumi the number of transactions of residential flats amounted to 993 units, reflecting 41% YoY decrease. Market size also decreased by 43% standing at USD 43 millions.
Residential
12.2023
In the first 11 months of 2023, the weighted average price of newly-built flats in Tbilisi has increased by 17% YoY in the suburbs, while a 13% and 14% increase was observed in the wide and city centre.
Residential
12.2023
In the first 11 months of 2023, the weighted average price of old flats in Tbilisi increased by 24% YoY in the suburbs, while a 17% and 16% increase was observed in the wide and city centre.
Residential
12.2023
In November 2023, in Tbilisi the number of transactions of residential flats amounted to 3,390 units, reflecting 16% YoY decrease. Market size also decreased by 7% standing at USD 215 millions.
Residential
12.2023
In the first 11 months of 2023, the weighted average price of newly-built flats in Batumi has increased by 15% compared to the same period of 2022, while in the case of old flats 7% growth was witnessed.
Residential
12.2023
In November 2023 in Batumi the number of transactions in new projects decreased by 44%. The figure for old flats features a 24% decrease compared to November 2022.
Residential
12.2023
In November 2023 the number of transactions in new projects decreased by 10%. The figure for old flats features a 27% decrease compared to November 2022.
Residential
11.2023
In October 2023 in Batuim the number of transactions in new projects decreased by 26%. The figure for old flats features a 21% decrease compared to October 2022.
Residential
11.2023
In the first 10 months of 2023, the weighted average price of newly-built flats in Batumi has increased by 16% compared to the same period of 2022, while in the case of old flats 9% growth was observed.