Tbilisi’s residential real estate market reached $3.1 billion in January–September 2026, up by 23% year-on-year, according to TBC Capital. A total of 34,434 apartments were sold during the period, an 18% annual increase.
Potential housing supply, measured by residential floor space covered by issued construction permits, declined by 10% year-on-year to approximately 854,000 square metres.
In September alone, 4,254 apartments were sold, up 10% year-on-year, with total sales reaching $387 million (+17%). Didi Digomi led by transaction volume with 988 apartments, followed by Saburtalo with 705. The highest average sale prices were recorded in Mtatsminda ($2,336 per sq. m) and Vake ($2,143 per sq. m).
The average apartment sale price rose 3% year-on-year to $1,373 per sq. m in September, while the average rental price increased 1% to $10.3 per sq. m.
