Tbilisi Residential Market: Monthly Watch

29 Dec, 2021
  • Market recovery in November 2021 was, by far, the strongest this year
  • With a mostly recovered demand the property prices still stand above the pre-pandemic level. Average residential real estate price, in November 2021, is 2% higher compared to 2019
  • In October-November 2021, the number of transactions exceeds its 2019 level by 14%
  • Average sales-weighted prices in USD terms are at their highest and continue to increase
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