In May 2026, the residential real estate market in Tbilisi continued to show strong growth. According to Colliers Georgia, the number of housing transactions in the capital increased by 13.1% year-on-year and reached 3,787 transactions.

📊 At the same time, the total market volume grew even faster: by 32.4%, reaching $334 million. This indicates that the market is expanding not only due to a higher number of transactions, but also because of an increase in the average value of purchased properties.

🏡 If the total market volume is compared with the number of transactions, the average transaction size in Tbilisi in May was around $88,000. For buyers, this is an important signal: demand remains active, while the value of liquid properties continues to rise gradually.

📈 The trend is especially visible in the new-build segment. According to Colliers Georgia, prices for new apartments in Tbilisi increased across all key areas of the city in May:

— by 7.2% in peripheral districts;
— by 10.6% in the wider city centre;
— by 29.6% in central districts.

🏙 The strongest price growth in the centre is explained by limited supply, high development density, and stable demand for housing in areas with well-developed infrastructure. Such locations remain highly attractive both for personal residence and for long-term rental purposes.

🌍 An important feature of Tbilisi is the structure of demand. According to Colliers Georgia, around 88% of homebuyers in the capital are local buyers. This distinguishes Tbilisi from more resort-oriented markets and makes it less dependent on seasonality and fluctuations in foreign demand.

🏖 For comparison, Batumi registered 1,324 transactions over the same period, which is 2.5% more than a year earlier. The market volume increased by 22.2% and reached $87 million. At the same time, foreign buyers accounted for almost half of all transactions and generated most of the market growth.

📌 This difference shows that Tbilisi and Batumi are developing according to different market scenarios. The capital remains a market for living, working, and long-term rentals. Batumi is more closely linked to investment demand, resort real estate, and buyers from abroad.

🔑 For investors, this means that in Tbilisi the entry price is not the only key factor. The quality of the location is just as important. The most resilient areas are those with good transport access, business activity, developed infrastructure, and stable rental demand.

📊 The secondary market also provides an additional signal. According to Colliers Georgia, sales on the secondary market in Tbilisi and Batumi increased by around 20%. This means that demand is spreading more widely and affects not only new projects, but also ready-to-move-in housing that can be used more quickly for living or rental income.

🏡 As a result, Tbilisi remains one of the most resilient real estate markets in Georgia. Growth in the number of transactions, an increase in total market volume, and a noticeable rise in new-build prices in central districts show that interest in the capital remains strong among both homebuyers and investors.

🔎 You can find properties in Tbilisi or Batumi that match your budget and goals on our website.