2,902 transactions were
recorded on the Tbilisi real estate market in August 2021 that is 7% more than in the same period of 2019 – a report
by Colliers Georgia says.
According to the research, the market
grew by 12% and amounted to $ 132 million. At the same time the number of transactions increased by 24% compared with
July and amounted to 37%.
In August 2021, 1,862
transactions were registered in the primary market that is 7% more than in the same period of 2019, a volume of transactions on the secondary
market grew by 8%.
The primary real estate market grew by 15%
compared to the same period of 2019, a volume of transactions on the secondary real estate market amounted
to $ 41 million that is 8% more than in the same period of 2019.
According to the report, sales in the economy segment of the real
estate market increased by 3% compared to August 2019, in the medium segment – by
In 8 months of 2021, the medium segment has recovered by 77% in comparison with the same
period of 2019.
Sales in the premium segment grew
by 3% in August 2021 compared to August 2019.