Marketbeat Residential Q2-Q3 2024
With over 1.14 million SQM sold and 2,152 new construction permits issued, the market is expanding to meet the growing demand for quality housing, reflected in a 3.8% increase in the weighted average price in Tbilisi. Mtatsminda leads with prices at $1,861 per SQM, while Samgori offers more affordable options at $843 per SQM. In Batumi, prices have reached $1,168 per SQM in the first seven months of 2024, attracting both investors and homeowners alike.
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