Real Estate Sales Decreased by 21% in June in Tbilisi

In June, real estate sales in Tbilisi fell by about 21%.

According to a G&T study, if 2,776 apartments were sold in the capital in June 2019, this year the number totaled 2,194 units.

At the same time, according to the research, in the second quarter of 2020, the most sales decreased in Chugureti - by 76%, and the least in Vake - by 47%.

As for the value of real estate by districts, according to the research, average selling prices in the 2nd quarter of 2020 look like this:

Mtatsminda - up to 1,346 USD (+ 21%)
Vake - up to 896 USD (-6%)
Saburtalo - up to 790 USD (-5%)
Nadzaladevi - up to 585 USD (+ 7%)
Gldani - up to 561 USD (+ 6%)
Krtsanisi - up to 844 USD (+ 12%)
Chugureti - up to 673 USD (-28%)
Didube - 671 USD (+ 4%)
Isani - 606 USD (-6%)
Didi Digomi - 531 USD (-2%)
Samgori - 531 USD (+/- 0)