In July 2025, in Tbilisi the number of transactions of residential flats amounted to 3,713 units, reflecting 4% YoY increase. Market size increased by 22% standing at USD 293 millions. Note: The methodology of price analysis has been updated for new projects, which has resulted in changes in 2022-2025 figures.

In July 2025, the number of transactions of newly-built flats in Batumi has increased by 38.4% year over year, while older flats saw an 4.9% increase. The significant increase in the number of transactions in new projects is due to the fact that in one large project, around 180 transactions were registered all at once in July 2025. Without this project, the growth amounts to 23.3%.

As of July 2025 in Tbilisi the weighted average price of old flats has increased by 11% in the suburbs compared to July 2024, in the city centre 7.9% growth was witnessed, while in the wide centre the weighted average price increased by 4.6%.

In July 2025 the weighted average price of newly-built flats in Batumi increased by 28.9% equaling USD 1,369 per sq m. The weighted average price increased in both primary (48.3%) and secondary (12.5%) markets. In one large project, around 180 transactions were registered all at once in July 2025, which caused a sharp increase in the weighted average price. Without this project, the figure rose by 14.5%, and in the primary market – by 19.3%. It should be noted that some primary transactions are registered late, resulting in a price growth trend that does not reflect reality.

As of June 2025 the weighted average price of newly-built flats in Tbilisi has increased by 23.1% in the wide centre compared to June 2024, 9.7% growth was observed in the suburbs, while in the city centre 6.7% increase was witnessed. The most significant price change was observed in the wide centre, which was driven by the fact that in June 2024, transactions from two large projects spanning 3-4 years were registered all at once. This caused a decrease in the weighted average price at that time. Without these projects, prices in the wide centre increased by 9.3%.

In June 2025 the weighted average price of newly-built flats in Batumi increased by 11.8% equaling USD 1,185 per sq m. The weighted average price increased in both primary (9.4%) and secondary (10.3%) markets. It should be noted that some primary transactions are registered late, resulting in a price growth trend that does not reflect reality.

As of June 2025 in Tbilisi the weighted average price of old flats has increased by 10.6% in the suburbs compared to June 2024, in the city centre 9.8% growth was witnessed, while in the wide centre the weighted average price increased by 6.1%.

In June 2025, in Tbilisi the number of transactions of residential flats amounted to 3,363 units, reflecting 11% YoY increase. Market size increased by 21.5% standing at USD 253 millions. It should be noted that the increase in transaction volume is largely attributed to a significant 21% decline in transactions in June of the previous year. Note: The methodology of price analysis has been updated for new projects, which has resulted in changes in 2022-2025 figures.

In June 2025, the number of transactions of newly-built flats in Batumi has increased by 26.7% year over year, while older flats saw an 11.4% increase—in contrast to the downward trend observed in previous months. This upward trend can also be attributed to the notable drop in transactions recorded in June of last year.

In June 2025, the number of transactions in new projects in Tbilisi increased by 8.8%, driven by growth in the secondary market. In contrast to previous months, transactions in older projects also experienced an upward trend, with a notable 16.6% increase compared to June 2024. This upward trend can also be attributed to the notable drop in transactions recorded in June of last year.

In the first half of 2025, in Tbilisi the number of transactions of residential flats amounted to 19,205 units, reflecting 0.6% YoY decrease. Market size increased by 11% standing at USD 1.4 billion. Note: The methodology of price analysis has been updated for new projects, which has resulted in changes in 2022-2025 figures.

In the first half of 2025 the weighted average price of newly-built flats in Batumi increased by 16.1% equaling USD 1,184 per sq m, while the figure for old flats recorded a 20% increase to USD 1,169 per sq m.