In the first half of 2025, the number of transactions of newly-built flats in Batumi has increased by 7.1% year over year, while a 15.1% YoY decline rate has been observed in the case of old flats.

As of the first half of 2025 the weighted average price of newly-built flats in Tbilisi has increased by 20.6% in the wide centre. Meanwhile 10.5% and 7.4% growth was witnessed in the suburbs and city centre, respectively. The most significant price change was observed in the wide centre, which was driven by the fact that in H1 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 8.8%.

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.

As of the first half of 2025 in Tbilisi the weighted average price of old flats has increased by 7.8% in the city centre. While 9.8% growth was witnessed in the wide centre and suburbs.

In the first half 2025 the number of transactions in new projects increased by 4.8%. While the figure for old flats features a 14.8% decrease compared to H1 2024.

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 May 2025 the weighted average price of newly-built flats in Batumi increased by 20.8% equaling USD 1,203 per sq m. The growth is mostly driven by the primary market, where weighted average price increased by 23.6% It should be noted that some primary transactions are registered late, resulting in a price growth trend that does not reflect reality.

As of May 2025, the number of transactions of residential flats in Batumi has increased by 8.9 % to 1,354 units. The market size has increased by 23.7% standing at USD 76 millions. Note: The methodology of price analysis has been updated for new projects, which has resulted in changes in 2022-2025 figures.

In May 2025, the number of transactions of newly-built flats in Batumi has increased by 10.1% year over year, while a 3.7% YoY decrease rate has been observed in the case of old flats.

In May 2025, in Tbilisi the number of transactions of residential flats amounted to 3,437 units, reflecting 7.2% YoY increase. Market size increased by 21% standing at USD 261 millions. Note: The methodology of price analysis has been updated for new projects, which has resulted in changes in 2022-2025 figures.

In May 2025, the number of transactions in new projects in Tbilisi increased by 12.2%, driven by growth in the secondary market. The declining trend in old projects has persisted - the figure for old flats features a 7% decrease compared to May 2024. However, it should be noted that the rate of decline has been slowing relative to previous periods.

As of May 2025 in Tbilisi the weighted average price of old flats has increased by 9.5% in the city centre compared to May 2024, in the wide centre 1.4% growth was witnessed, while in the suburbs the weighted average price increased by 3.8%.