Colliers Georgia published new data revealing that Tbilisi’s real estate market recovered in June 2025, with both apartment sales and prices rising.
A total of 3,363 apartment transactions were recorded in the capital, marking an 11% increase year-on-year. This upward trend follows a drop in June 2024, making the growth partly driven by a low base effect.
The total market value increased by 21.5%, reaching $253 million, showing both increased activity and rising prices.
Sales Breakdown
- Old apartment sales grew the most, with a 16.6% rise
- New project transactions increased by 8.8%
Price Trends
Prices climbed across all areas, with notable differences between new and old constructions:
New Projects
- Wider center: +23.1%
- Suburbs: +9.7%
- City center: +6.7%
Note: A recent change in pricing methodology impacted year-on-year comparisons.
Old Apartments
- Suburbs: +10.6%
- City center: +9.8%
- Wider center: +6.1%
