As of January 2025 the weighted average price of newly-built flats in Tbilisi has increased by 24.8% in the wide centre compared to January 2024, 8.8% growth was observed in the suburbs, while in the city centre 5.8% increase was witnessed. The most significant price change was observed in the wide centre, which was driven by the fact that in January 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 7.1%.

In January 2025 the weighted average price of newly-built flats in Batumi increased by 8% equaling USD 1,130 per sq m, while the figure for old flats recorded a 16.2% increase to USD 1,100 per sq m.

In January 2025, the number of transactions of newly-built flats in Batumi has increased by 3% year over year, while a 5.7% YoY increase rate has been observed in the case of old flats.

As of January 2025 in Tbilisi the weighted average price of old flats has increased by 12.5% in the wide centre compared to January 2024, in the suburbs and city centre 10.4% and 7.2% increase was witnessed.

In December 2024, in Tbilisi the number of transactions of residential flats amounted to 4,039 units, reflecting 7% YoY increase. Market size increased by 16% standing at USD 292 millions.

In 2024 the number of transactions in new projects increased by 8.5%. The figure for old flats features a 13% decrease compared to 2023.

In December 2024 the weighted average price of newly-built flats in Batumi increased by 11% equaling USD 1,114 per sq m, while the figure for old flats recorded a 0.2% increase to USD 985 per sq m.

In 2024 in Batumi the number of transactions in new projects increased by 1%. The figure for old flats features a 23% decrease compared to 2023.

In 2024, the weighted average price of newly-built flats in Batumi has increased by 7% compared to 2023, while in the case of old flats 4% growth was witnessed.

As of December 2024, the number of transactions of residential flats in Batumi has increased by 19% to 1,426 units. The market size has increased by 28% standing at USD 76 millions.

In 2024, in Tbilisi the number of transactions of residential flats amounted to 41,284 units, reflecting an 2% YoY growth. The market size increased by 12% standing at USD 2.8 billions.

In December 2024, the number of transactions of newly-built flats in Batumi has increased by 23% year over year, while a 16% YoY decrease rate has been observed in the case of old flats.