RUSTAVELI PROPERTIES
Statistics

Size of the Georgian real-estate market

Transaction volumes, total market value, real estate's share of Georgia's economy.

2024 residential transactions
112 400
2024· NAPR
+8% vs 2023
Total value transacted
$4.2 mds
2024· NAPR
Real estate share of GDP
11.8%
2024· Geostat
Tbilisi median new-build price
$1,180/m²
2025· Colliers
Key takeaways
  • The Georgian market trades over $4bn per year, growing double-digit since 2021.
  • Tbilisi accounts for ~55% of transactions, Batumi ~25%, with the balance across secondary cities.
  • Real estate is nearly 12% of GDP, a weight comparable to that of France.
All statistics