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
In May 2024, the number of transactions of newly-built flats in Batumi has decreased by 8% year over year, while a 23% YoY decrease rate has been observed in the case of old flats.
Residential
05.2024
In April 2024, in Tbilisi the number of transactions of residential flats amounted to 3,355 units, reflecting 26% YoY increase. Market size increased by 32% standing at USD 217 millions.
Residential
05.2024
As of April 2024 the weighted average price of newly-built flats in Tbilisi has increased by 8% in the suburbs, while the figure has increased by 12% and 4% in the wide and city centre.
Residential
05.2024
As of April 2024, the number of transactions of residential flats in Batumi has increased by 7% to 1,263 units. The market size has increased by 26% standing at USD 67 millions.
05.2024
As of April 2024 in Tbilisi the weighted average price of old flats has increased by 8% in the suburbs, while in the wide centre and city centre 6% and 9% growth was witnessed.
Residential
05.2024
In April 2024 the number of transactions in new projects increased by 38%. While the figure for old flats features a 4% increase compared to April 2023.
Residential
05.2024
In April 2024, the number of transactions of newly-built flats in Batumi has increased by 7% year over year, while a 9% YoY increase rate has been observed in the case of old flats.
Residential
05.2024
In April 2024 the weighted average price of newly-built flats in Batumi increased by 12% equaling USD 1,155 per sq m, while the figure for old flats recorded a 1% decrease to USD 682 per sq m.
Residential
04.2024
In March 2024, in Tbilisi the number of transactions of residential flats amounted to 3,127 units, reflecting 11% YoY decrease. Market size decreased by 7% standing at USD 199 millions.
Residential
04.2024
In the first quarter of 2024, the number of transactions of newly-built flats in Batumi has decreased by 23% year over year, while a 32% YoY decline rate has been observed in the case of old flats.
Residential
04.2024
As of the first quarter of 2024, the number of transactions of residential flats in Batumi has decreased by 24% to 3,374 units. The market size has declined by 20% standing at USD 152 millions.
