Geostat: Tbilisi residential property prices rise 4.9% year-on-tear in Q2 2026

Georgia’s National Statistics Office (Geostat) reported that the Residential Property Price Index (RPPI) increased by 0.9% in the second quarter of 2026 compared to the previous quarter, while annual growth reached 4.9%. Compared with the 2020 average, the index is 63.8% higher.

According to Geostat, the index covers only Tbilisi’s new residential property market, including both apartments in multi-storey buildings and private houses.

In the second quarter of 2026, prices increased by 0.9% quarter-on-quarter in both the apartment and private house segments.

Compared with the second quarter of 2025, apartment prices rose by 4.8%, while private house prices increased by 5.5%.

Apartment prices (per sq. m.)

• Mtatsminda – GEL 6,730
• Vake – GEL 5,914
• Krtsanisi – GEL 4,630
• Saburtalo – GEL 4,307
• Didube – GEL 4,184
• Isani – GEL 4,088
• Chughureti – GEL 4,064
• Nadzaladevi – GEL 4,038
• Gldani – GEL 3,867
• Samgori – GEL 3,680

Private house prices (per sq. m.)

• Vake – GEL 4,656
• Mtatsminda – GEL 4,409
• Chughureti – GEL 3,524
• Saburtalo – GEL 3,510
• Didube – GEL 3,477
• Isani – GEL 3,268
• Samgori – GEL 2,992
• Krtsanisi – GEL 2,926
• Gldani – GEL 2,811
• Nadzaladevi – GEL 2,778