In December 2025, a total of 4,385 transactions were made in Tbilisi, which is 11% more than in December 2024, according to the TBC report.
The average selling price was $1,341 per square meter, which is 6% more than a year earlier.
The rent amounted to 10.1 USD/sq. m, which is 9% less than in the same period of 2024.
The market volume reached $384 million, an increase of 17% year-on-year.General trends
After the boom of 2022, the Tbilisi real estate market entered a stabilization phase in 2024-2025, prices stabilized.
Prices for luxury properties are still almost twice the city average.Rents have started to normalize since 2024, and rental yields have approached their average levels, while remaining higher than in most cities around the world.
The potential supply in the residential real estate market in Tbilisi continues to grow, which increases competition.
Taking into account the dynamics of 2025, the Tbilisi residential real estate market is expected to maintain stable growth in 2026.
Source: TBC
