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3,378 Apartments Were Sold In Tbilisi In June – Colliers International

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Natia Taktakishvili
16.07.21 14:00
699
In Jun 2021, 3,378 were sold in Tbilisi, that is 10% higher than the same period in 2019. As for the market size, the figure stands at USD 153 million, reflecting a 5% increase compared to the same period in 2019, - show the data from the report of Colliers International.

In Jun 2021, 2,165 transactions were registered in new projects, that is 7% higher than the same period in 2019. While the number of transactions registered on old flats has increased by 17% compared to 2019.

According to the report, in Jun 2021, the market size of new flats has decreased by 1% when compared to 2019. As for the old flats, the figure stands at USD 51 million, increasing by 20% compared to 2019.

The number of transactions recorded on economy new apartments saw 25% increase compared to 2019. As for the medium segment the number of transactions has decreased by 34% comparing to 2019. The figure for premium segment has decreased by 20% compared to 2019.