Georgia's residential property price index rose 1.5% quarter on quarter and 5.9% year on year in the third quarter of 2026, according to Geostat figures reported by Georgia Today.
According to Georgia Today, citing the National Statistics Office of Georgia (Geostat), the residential property price index rose 1.5% in the third quarter of 2026 compared with the previous quarter. The annual increase reached 5.9%, and the index is up 66.2% compared with the 2020 average. Geostat's index covers only Tbilisi's new residential property market, including apartments in multi-unit buildings and private houses. Quarter on quarter, apartment prices rose 1.2% and private house prices rose 2.7%. Compared with the third quarter of 2025, apartments became 5.6% more expensive and private houses 7.0% more expensive. By district, Mtatsminda had the highest average apartment price per square meter in the third quarter at GEL 7,004, followed by Vake at GEL 6,046. Next came Krtsanisi (GEL 4,635), Saburtalo (GEL 4,444), Didube (GEL 4,168), Chughureti (GEL 4,121), Isani (GEL 4,032), Nadzaladevi (GEL 3,932), Gldani (GEL 3,830) and Samgori (GEL 3,657). In the private house segment, Vake recorded the highest price at GEL 4,517 per square meter, with Mtatsminda close behind at GEL 4,430. Chughureti (GEL 3,637) and Saburtalo (GEL 3,543) followed, while Nadzaladevi had the lowest figure at GEL 2,798. The data reflects the new-build segment only and not the whole Tbilisi market.