In the third quarter of 2025, the number of transactions in new projects in Tbilisi increased by 6% compared to the third quarter of the previous year. The number of transactions on the primary market of newly built flats increased by 0.3%, while the secondary market recorded a 14.3% increase. The increase rate in old projects is 1.2%.

In September 2025, the number of transactions of newly-built flats in Batumi has increased by 37.1% year over year, while older flats saw a 18.2% increase. The number of transactions on the primary market of newly built flats increased by 58.2%, while the secondary market recorded a 13.8% increase.

As of September 2025 the weighted average price of newly-built flats in Tbilisi has increased by 13.5% in the suburbs compared to September 2024, 5.6% growth was observed in the city centre, while in the wide centre 24% increase was witnessed. In the wide center, the primary market for newly built flats recorded a 30.9% increase in prices, driven by the delayed registration of transactions by developers, meanwhile weighted average price of the primary transactions citywide recorded 13.6% growth. On the secondary market, the weighted average price rose by 5.6% citywide.

In September 2025, in Tbilisi the number of transactions of residential flats amounted to 4,054 units, reflecting 14.9% YoY increase. Market size increased by 25.1% standing at USD 310 millions. Note: The methodology of price analysis has been updated for new projects, which has resulted in changes in 2022-2025 figures.

As of September 2025 in Tbilisi the weighted average price of old flats has increased by 10.6% in the suburbs compared to September 2024, in the wide centre 5.2% growth was witnessed, while in the city centre the weighted average price increased by 10.3%.

As of the third quarter of 2025 in Tbilisi the weighted average price of old flats has increased by 10.5% in the suburbs compared to September 2024, in the wide centre 5.8% growth was witnessed, while in the city centre the weighted average price increased by 11.6%.

As of August 2025 the weighted average price of newly-built flats in Tbilisi has increased by 12.2% in the suburbs compared to August 2024, 7.6% growth was observed in the city centre, while in the wide centre 19.6% increase was witnessed. In the wide center, the primary market for newly built flats recorded a 31% increase in prices, driven by the delayed registration of transactions by developers. On the secondary market, the weighted average price rose by 5.7%.

In August 2025, the number of transactions of newly-built flats in Batumi has increased by 16.5% year over year, while older flats saw a 19.4% decrease. The number of transactions on the primary market of newly built flats increased by 27%, while the secondary market recorded a 6% increase.

In August 2025, the number of transactions in new projects in Tbilisi decreased by 6.4% compared to August of the previous year. The number of transactions on the primary market of newly built flats decreased by 11.1%, while the secondary market recorded a 0.2% decrease. The decline rate in old projects is 15.3%.

As of August 2025, the number of transactions of residential flats in Batumi has increased by 13.6% to 1,298 units. The market size has increased by 36% standing at USD 80 millions.

In August 2025 the weighted average price of newly-built flats in Batumi increased by 24.2% equaling USD 1,358 per sq m. The weighted average price increased in both primary (39.3%) and secondary (9.5%) markets. In one large project, around 140 transactions were registered all at once in August 2025, which caused a sharp increase in the weighted average price. Without this project, the figure rose by 11.8%. It should be noted that some primary transactions are registered late, resulting in a price growth trend that does not reflect reality.

As of August 2025 in Tbilisi the weighted average price of old flats has increased by 11.1% in the suburbs compared to August 2024, in the wide centre 1.2% growth was witnessed, while in the city centre the weighted average price increased by 20.2%. It should be noted that due to the low number of transactions in the city centre, prices fluctuate significantly.