Tbilisi (GBC) - According to the National Statistics Office of Georgia (GeoStat), the residential property price index in Tbilisi increased by 1.5% in the fourth quarter of 2025 compared to the previous quarter, with annual growth reaching 3.3%. Compared to the average for 2020, the index has grown by an impressive 59.4 per cent.
The residential property price index covers only the Tbilisi market and pertains solely to new residential properties, including both multi-storey apartment blocks and private houses.
Data from GeoStat indicates that in the fourth quarter of 2025, prices rose by 1.3 per cent in both the apartment segment and the private house segment compared to the previous quarter. Additionally, private houses experienced a 2.1% increase.
Year-on-year, both segments saw price growth: apartments by 3.5 per cent and private houses by 2.5 per cent compared to the same quarter in 2024.
Regarding the price per square metre in the apartment sector, the most expensive district remains Mtatsminda, where the average price per square metre is 6,738 GEL. Vake follows, with apartments costing 5,874 GEL per square metre. Other notable districts include Chugureti at 4,353 GEL, Saburtalo at 4,313 GEL, Krtsanisi at 4,181 GEL, Didube at 4,054 GEL, Nadzaladevi at 3,978 GEL, Isani at 3,854 GEL, Gldani at 3,731 GEL, and Samgori at 3,549 GEL.
In the private houses segment, the highest price per square metre is also in Mtatsminda, at 4,594 GEL. Vake follows at 4,311 GEL, with Saburtalo at 3,504 GEL, Didube at 3,369 GEL, Samgori at 3,121 GEL, Isani at 3,110 GEL, Chugureti at 3,088 GEL, Gldani at 2,985 GEL, Krtsanisi at 2,830 GEL, and Nadzaladevi at 2,660 GEL.
