June Real Estate Review

June Real Estate Review

In June 2024, there were 2,903 real estate transactions in Tbilisi, 20% less than in May 2023.

 

The average sale price reached $1,178 per square meter, showing a 1% annual increase.

 

The rental price averaged $11.6 per square meter, 8% lower than the same period last year.

 

The market volume was $222 million, reflecting a 21% year-on-year decrease.