In June 2026, the number of transactions in new projects in Tbilisi increased by 46.6% compared to May of the previous year. Growth was observed in both the primary (54.7%) and secondary (36.5%) markets for newly built flats. The growth in number of transactions for newly built flats reflect the rise in supply. Transactions in old projects also rose, showing a 2.3% increase. In June 2026, Georgian citizens remained the dominant buyers in both old and new projects, while the share of foreign buyers amounted to just 10%.

Residential

07.2026

In June 2026, the number of transactions in new projects in Tbilisi increased by 46.6% compared to May of the previous year. Growth was observed in both the primary (54.7%) and secondary (36.5%) markets for newly built flats. The growth in number of transactions for newly built flats reflect the rise in supply. Transactions in old projects also rose, showing a 2.3% increase. In June 2026, Georgian citizens remained the dominant buyers in both old and new projects, while the share of foreign buyers amounted to just 10%.

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Residential

10.2026

In September 2026, the number of transactions in new projects in Tbilisi increased by 9.8% compared to September of the previous year. Growth was observed in both the primary (6.3%) and secondary (14.6%) markets for newly built flats. Transactions in old projects declined by 4.7%. In September 2026, Georgian citizens remained the dominant buyers in both old and new projects, while the share of foreign buyers increased slightly compared to September 2025 and amounted to 12%.

Residential

10.2026

As of September 2026, the weighted average price of newly built flats in Tbilisi increased across all market areas, rising by 9.9% in the suburbs, 15% in the wider center, and 12.3% in the city center compared to September 2025. It is worth noting that registration of several high-priced projects has begun in the wide center, which has contributed to the rise in prices. Citywide, the weighted average price increased by 11.9% in the primary market and by 10% in the secondary market.

Residential

10.2026

In September 2026, in Tbilisi the number of transactions of residential flats amounted to 4,245 units, reflecting 6.4% YoY increase. Market size increased by 24.1 % standing at USD 376 millions.