Residential
Updated: January 27, 2022
In December 2021, 4,703 transactions were registered in Tbilisi, that is 59% higher than the same period in 2019. It should be noted that 406 transactions were registered as a transfer between two developments. Without considering this figure, the growth amounts to 45%. As for the market size, the figure stands at USD 230 million, reflecting a 66% increase compared to 2019.
Updated: January 27, 2022
In December 2021, 3,499 transactions were registered in new projects, that is 80% higher than the same period in 2019. While the number of transactions registered on old flats has increased by 18% compared to 2019.
Updated: January 27, 2022
In December 2021, the market size of new flats has increased by 86% when compared to December 2019. As for the old flats, the figure stands at USD 53 million, increasing by 23%.
Updated: January 27, 2022
In December 2021, the number of transactions recorded on economy new apartments saw 81% increase compared to 2019. As for the medium and premium segments the number of transactions has increased by 66% and 140%, respectively.
Updated: July 21, 2021
In the first half (H1) of 2021, 16,383 transactions were registered in Tbilisi, that is 54% and 3% higher than the same period in 2020 and in 2019. As for the market size, the figure stands at USD 738 million, reflecting a -0.2% decrease compared to 2019.
Updated: July 21, 2021
Even though the number of transactions increased by 3% when compared to H1 2019, the market size reflected a slight 0.2% decrease, and the figure stands at USD 738 million. In contrast with H1 2020, the figure rose by 54%, which can be attributed to the strict lockdown in mentioned period.