In the first 10 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 15% increase was observed in the wide and city centre.
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 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
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.
Residential
11.2023
In October 2023, in Tbilisi the number of transactions of residential flats amounted to 3,387 units, reflecting a 20% YoY decrease. Market size also decreased by 10% standing at USD 216 millions.
Residential
10.2023
In the third quarter of 2023, the number of transactions in new projects decreased by 7%. The figure for old flats features a 23% decrease compared to the third quarter of 2022.
Residential
10.2023
In the third quarter of 2023, in Tbilisi the number of transactions of residential flats amounted to 10,114 units, reflecting a 13% YoY reduction. Market size decreased by 11% standing at USD 549 millions.
Residential
10.2023
In the third quarter of 2023, in Tbilisi the weighted average price of old flats has increased by 4% in the suburbs, while in wide centre and the city centre 3% and 1% growth was observed.
Residential
10.2023
As of September 2023 weighted average price of newly-built flats in Tbilisi has increased by 6% in the suburbs, by 7% in the wide center and only 1% growth is recorded in the city centre.
Residential
10.2023
In the third quarter of 2023, weighted average price of newly-built flats in Tbilisi has increased by 7% in the suburbs, while in the wide and city centre the figure has slightly declined.
Residential
10.2023
In September 2023, in Tbilisi the number of transactions of residential flats amounted to 3,136 units, reflecting a 21% YoY reduction. Market size decreased by 20% standing at USD 169 millions.
Residential
10.2023
As of September 2023, the number of transactions of residential flats in Batumi has decreased by 31% up to 1,163 units. The market size has decreased by 30% standing at USD 53 millions.
