In June 2024 the number of transactions in new projects decreased by 20%. While the figure for old flats features a 24% decrease compared to June 2023.
Residential
07.2024
As of June 2024 the weighted average price of newly-built flats in Tbilisi has increased by 12% in the suburbs. The figure has increased by 6% and 4% in the city centre and wide centre.
Residential
07.2024
As of June 2024 in Tbilisi the weighted average price of old flats has increased by 10% in the suburbs and city centre, while in the wide centre 5% growth was witnessed.
Residential
07.2024
In June 2024, the number of transactions of newly-built flats in Batumi has decreased by 21% year over year, while a 5% YoY decrease rate has been observed in the case of old flats.
Residential
07.2024
In the first half of 2024 the weighted average price of newly-built flats in Batumi increased by 5% equaling USD 1,082 per sq m, while the figure for old flats recorded a 4% increase to USD 966 per sq m.
Residential
07.2024
In the first half 2024 the number of transactions in new projects increased by 3%. While the figure for old flats features a 15% decrease compared to H1 2023.
Residential
07.2024
As of the first half of 2024, the number of transactions of residential flats in Batumi has decreased by 17% to 6,915 units. The market size has declined by 11% standing at USD 350 millions.
Residential
06.2024
In May 2024, in Tbilisi the number of transactions of residential flats amounted to 3,225 units, reflecting 10% YoY decrease. Market size decreased by 6% standing at USD 208 millions.
Residential
06.2024
As of May 2024 the weighted average price of newly-built flats in Tbilisi has decreased by 0.5% in the city centre, while the figure has increased by 8% and 14% in the wide centre and suburbs.
Residential
06.2024
As of May 2024 in Tbilisi the weighted average price of old flats has decreased by 1% in the city centre, while in the wide centre and suburbs 5% and 11% growth was witnessed.
Residential
06.2024
In May 2024 the weighted average price of newly-built flats in Batumi increased by 5% equaling USD 1,090 per sq m, while the figure for old flats recorded a 1% decrease to USD 724 per sq m.
Residential
06.2024
As of May 2024, the number of transactions of residential flats in Batumi has decreased by 9% to 1,261 units. The market size has decreased by 7% standing at USD 62 millions.
