Tbilisi Residential Real Estate – April 2025

Sales in Tbilisi residential real estate market remained sluggish, staying below 4M24 average, both on the primary and secondary markets. On the supply side, in 4M25, construction permit issuance increased, driven by permits granted for large residential projects. Prices continued to rise on the primary market with a slow pace, while average price on the secondary market rebounded after two months of decline.