Tbilisi (GBC) - In August 2025, the number of transactions in new projects in Tbilisi decreased by 6.4% compared to August of the previous year, according to the report published by Colliers Georgia on the webpage of Recov.ge. The number of transactions on the primary market of newly built flats decreased by 11.1%, while the secondary market recorded a 0.2% decrease. The decline rate in old projects is 15.3%.

As of August 2025 in Tbilisi the weighted average price of old flats has increased by 11.1% in the suburbs compared to August 2024, in the wide centre 1.2% growth was witnessed, while in the city centre the weighted average price increased by 20.2%. It should be noted that due to the low number of transactions in the city centre, prices fluctuate significantly.

In August 2025, in Tbilisi the number of transactions of residential flats amounted to 2,889 units, reflecting 8.8% YoY decrease. Market size increased by 0.7% standing at USD 225 millions. Note: The methodology of price analysis has been updated for new projects, which has resulted in changes in 2022-2025 figures.

As of August 2025 the weighted average price of newly-built flats in Tbilisi has increased by 12.2% in the suburbs compared to August 2024, 7.6% growth was observed in the city centre, while in the wide centre 19.6% increase was witnessed. In the wide center, the primary market for newly built flats recorded a 31% increase in prices, driven by the delayed registration of transactions by developers. On the secondary market, the weighted average price rose by 5.7%.