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,- according to the report on residnetial real-estate published by Colliers Georgia on Recov.ge
"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.
As of the first quarter of 2024 in Tbilisi the weighted average price of old flats has increased by 10% in the suburbs and the wide centre, while in the city centre 7% growth was witnessed",- the odcument reads.
