In February 2026, in Tbilisi the number of transactions of residential flats amounted to 3,801 units, reflecting 20.4% YoY increase. Market size increased by 34.4% standing at USD 311 millions- Colliers Georgia research reads.
In February 2026, the number of transactions in new projects in Tbilisi increased by 21.7% compared to February of the previous year. Growth was observed in both the primary (23.9%) and secondary (18.5%) markets of newly built flats. Transactions in old projects also increased, with a 15.7% growth.
As of February 2026, in Tbilisi, the weighted average price of old flats increased by 8% in the suburbs compared to February 2025. In the wider centre, a 4.8% growth was observed, while in the city centre, the weighted average price increased by 11.6%. Overall, the weighted average price of old projects grew by 8.5% citywide.
As of February 2026 the weighted average price of newly built flats in Tbilisi has increased by 9.1% in the suburbs compared to February 2025, 8.2% growth was observed in the wide centre, while in the city centre 14.7% increase was witnessed. In the city centre, the primary market for newly built flats recorded a 15.1% increase in prices, driven by the delayed registration of transactions by developers. On the secondary market of the city centre, a 8.2% increase was recorded. meanwhile weighted average price of the primary transactions citywide recorded 10.7% growth. On the secondary market, the weighted average price rose by 6.3% citywide.
