In July 2025, total apartment sales in Tbilisi were 3,647 units. Secondary market sales rose 13.4% y/y; primary market sales fell ~2.6% y/y (though up over the 7 months). 

The supply side also showed improvement: residential permits issued covered 113,332 sq.m., up 36.1% y/y. 

Average prices increased in both markets. Primary market average was US$ 1,340/sq.m., secondary (new buildings post‑2013 permits) about US$ 1,263/sq.m. 

Rent for a typical 50‑60 sq.m. apartment rose 1.0% m/m to US$ 9.5/sq.m., though still down ~3.1% y/y.