In September 2025 the weighted average price of newly-built flats in Batumi increased by 28.2% equaling USD 1,327 per sq m. The increase in price was mostly due to the primary market, where the weighted average price increased by 55.1%, while on the secondary market 8.7% growth was observed. In one large project, around 140 transactions were registered all at once in September of 2025, which caused a sharp increase in the weighted average price in new projects. Without these transactions, the figure rose by 17.6%.
Note: some primary transactions are registered late, resulting in a price growth trend that does not reflect reality.
Residential
10.2025
As of September 2025, the number of transactions of residential flats in Batumi has increased by 35.9% to 1,895 units. The market size has increased by 68.3% standing at USD 116 millions.
Residential
10.2025
As of the third quarter of 2025, the number of transactions of residential flats in Batumi has increased by 29.2% to 4,876 units. The market size has increased by 57% standing at USD 300 millions.
Residential
10.2025
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%.
Residential
10.2025
In the third quarter of 2025 the weighted average price of newly-built flats in Batumi increased by 27.2% equaling USD 1,350 per sq m. The increase in price was mostly due to the primary market, where the weighted average price increased by 48.8%, while on the secondary market 10.2% growth was observed. In one large project, around 460 transactions were registered all at once in the third quarter of 2025, which caused a sharp increase in the weighted average price in new projects. Without these transactions, the figure rose by 14.9%.
Note: some primary transactions are registered late, resulting in a price growth trend that does not reflect reality.
Residential
09.2025
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%.
Residential
09.2025
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%.
Residential
09.2025
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.
Residential
09.2025
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.
Residential
09.2025
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.
Residential
09.2025
In August 2025, in Tbilisi the number of transactions of residential flats amounted to 2,889 units, reflecting 8.8% YoY decrease. Market size increased by 0.7% standing at USD 225 millions.
Note: The methodology of price analysis has been updated for new projects, which has resulted in changes in 2022-2025 figures.
Residential
09.2025
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.