Tbilisi Residential Market: Monthly Watch

6 Oct, 2021
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  • The market is recuperating at a fair pace, with transaction activity stabilizing. In August, the number of sold residential properties stands above its pre-pandemic level by 9%
  • With a marginally recovered market and demand, the prices are going up. Average residential real estate price in August 2021 is almost 5% higher than its 2019 level
  • The demand has increased almost equally for both, new and old apartments
  • In July-August 2021, average sales weighted prices were considerably higher than in the same period of 2019 and 2020
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