Demand surged into the summer: 4,503 apartments changed hands in June alone — secondary sales up 22.3% on the year — and the first half of 2026 put the market at $2.0 billion (+26.6% y/y)*. Underneath the citywide averages, the spread is the story: this edition tracks 219,158 live listings across 1,244 streets and 867 buildings — granularity no bank report publishes.
*Demand, supply and citywide averages: Galt & Taggart / NAPR, June 2026. All street, neighbourhood and building figures: Tbilisi Home market scans, August 2026.
$4,250/m²Tbilisi's priciest street — On Taktakishvili street, Vake-Saburtalo
$1,417/m²Primary market citywide avg · G&T
7.74%Best district gross yield — Suburbs of Tbilisi
+225.3%June construction permits y/y · G&T
Where the districts stand — asking $/m², renovated stock
Old Tbilisi
The historic core — Mtatsminda, Sololaki, Vera, the bath district. The widest quality spread in the city: museum-piece renovations share blocks with unrestored stock, and short-let demand keeps the top end climbing.
🔒 83 buildings priced — yields & rankings in the Investor Edition
Vake-Saburtalo
The blue-chip belt. Vake carries the prestige pricing; Saburtalo carries the volume — more listings than any other district and the city's most liquid resale market.
$1,888 /m² · renovated, median
middle half $1,550 – $2,333 · n=28,352
rent $10.5/m²/mo
older stock $1,600/m²
renovation premium $288/m² over older stock
Cross-reference — Galt & Taggart, Jun 26 (all stock & markets): avg $3,141/m² · rent $16.1/m² · 155 June sales.
🔒 519 buildings priced — yields & rankings in the Investor Edition
Didube-Chugureti
The gentrification arc. Fabrika turned Chugureti into the city's fastest-changing pocket, and entry prices still sit well under the center — the value story of this edition.
$1,733 /m² · renovated, median
middle half $1,504 – $1,946 · n=4,412
rent $9.5/m²/mo
older stock $1,415/m²
renovation premium $318/m² over older stock
Cross-reference — Galt & Taggart, Jun 26 (all stock & markets): avg $2,243/m² · rent $9.7/m² · 132 June sales.
🔒 63 buildings priced — yields & rankings in the Investor Edition
Gldani-Nadzaladevi
The yield engine. The lowest entry prices in the city proper, tenants in abundance, and the arithmetic that follows: what these districts lack in prestige they return in percent.
$1,556 /m² · renovated, median
middle half $1,349 – $1,715 · n=5,892
rent $8.8/m²/mo
older stock $1,201/m²
renovation premium $354/m² over older stock
Cross-reference — Galt & Taggart, Jun 26 (all stock & markets): avg $1,257/m² · rent $9.5/m² · 227 June sales.
🔒 82 buildings priced — yields & rankings in the Investor Edition
Suburbs of Tbilisi
The new-build frontier. Didi Dighomi's mass construction dominates the numbers: modern stock, developer pricing, and the city's newest neighbourhoods still finding their level.
🔒 117 buildings priced — yields & rankings in the Investor Edition
Advertisement — this space is available
Are you a developer looking to put your project in front of Tbilisi's most engaged property investors?
The Tbilisi Home Market Report reaches serious buyers and investors every quarter. — [email protected]
The people behind the numbers
Tbilisi Home is a full-service brokerage and property-management house in Tbilisi. This report exists because we wanted street-level truth for our own investors — and decided to publish it.
Jeff Brown
Investment & Analytics
Jeff runs the numbers side of Tbilisi Home — acquisition analysis, portfolio strategy, and the market scans behind this report. If you want to know what a building actually returns, he has probably already modelled it.
Nino Chagunava
Co-founder · Tbilisi native
Nino is the eye and the network — a native Tbiliseli who knows which street the city is moving toward before the listings do. She leads sourcing, design and the owner relationships behind every managed property.
