Geostat: Residential real estate prices rise in Tbilisi in Q1 2026
Geostat: Residential real estate prices rise in Tbilisi in Q1 2026

According to the National Statistics Office of Georgia, in the first quarter of 2026 the Residential Real Estate Price Index increased by 1.8% compared to the previous quarter. On an annual basis, the index grew by 3.0%, while compared to the average level of 2020 it has increased by 62.3%.

Geostat notes that the index covers only the new residential real estate market in Tbilisi, including both multi-storey buildings (apartments) and private houses.

In the first quarter of 2026, compared to the previous quarter, prices increased by 2.0% in both the apartment segment and the private house segment. Compared to the first quarter of 2025, prices rose by 3.3% for apartments and 1.8% for private houses.

In terms of average price per square meter in the apartment segment, the most expensive district is Mtatsminda, where the price reached 6,814 GEL per square meter. It is followed by Vake (5,958 GEL), Krtsanisi (4,465 GEL), Saburtalo (4,333 GEL), Chugureti (4,268 GEL), Didube (4,085 GEL), Nadzaladevi (3,993 GEL), Isani (3,948 GEL), Gldani (3,775 GEL), and Samgori (3,651 GEL).

In the private house segment, Mtatsminda also ranks first with 4,835 GEL per square meter, followed by Vake (4,500 GEL), Didube (4,242 GEL), Saburtalo (3,471 GEL), Chugureti (3,249 GEL), Isani (3,172 GEL), Samgori (3,164 GEL), Krtsanisi (3,164 GEL), Gldani (2,596 GEL), and Nadzaladevi (2,594 GEL).