The Tbilisi market is not just growing — it is accelerating. And it is important to understand where exactly this growth is being formed. The city center is showing the strongest price dynamics, but the main volume of movement is coming through new projects — this is where demand and capital are concentrated.
Another important point is the gap between the primary and secondary markets. The primary market is growing faster, and this is logical: developers continue to raise prices as construction progresses, while buyers enter at early stages, locking in future upside.
+14.7% — price growth in new-build properties in the city center
+10.7% — average growth of the primary market across the city
+6.3% — secondary market growth
By number of transactions:
+21.7% — new projects
+15.7% — older housing stock
And if we look at the dynamics of transactions (+20%) and market volume (+34%), it becomes clear: capital continues to enter the market, and it is growing faster than the number of properties.
Join our Telegram channel
Another important point is the gap between the primary and secondary markets. The primary market is growing faster, and this is logical: developers continue to raise prices as construction progresses, while buyers enter at early stages, locking in future upside.
+14.7% — price growth in new-build properties in the city center
+10.7% — average growth of the primary market across the city
+6.3% — secondary market growth
By number of transactions:
+21.7% — new projects
+15.7% — older housing stock
And if we look at the dynamics of transactions (+20%) and market volume (+34%), it becomes clear: capital continues to enter the market, and it is growing faster than the number of properties.
Join our Telegram channel