The prices in real estate in Kisauni, in the Mombasa region have remained the same in the last couple of months. The real estate prices for second hand homes have remained in this city.
The price per m² in Kisauni has remained the same in the last 6 months. In November, the average price per m² was KSh 56,570. In December this price pretty much remained the same at a value of KSh 57,160 per m². The price for the following two months in (January, February) had a considerable increment of 120 %. The price per m² has had a considerable deflation of 64 % in the last two months compared to the average price for the previous four months. This was obtained by comparing the first four months of the period going from a price per m² of KSh 62,569.75 to KSh 40,067 during March, and April.
Based upon to the price in Kisauni (constituencies & towns), this has gone up considerably in the last 6 months. In our first sample month during November, the average price is KSh 14,161,538. In December This price remains at KSh 13,664,063. During the following two months (January, February) the average price had a considerable increase of 136 % with regard to the previous two months. Based on an analysis of the first four prices and the last two months the average price has risen strongly 116 % during the last two months.
The graph displaying the average price for bedrooms illustrates that those properties with 2 bedrooms are the cheapest ones. At a price of KSh 16,677,778 they are 51 % more affordable than the average price for Kisauni. The properties with the highest average price have 4 bedrooms, Their price is 30 % more costly than the average. After that we have properties with 3 bedrooms priced at KSh 11,087,722.
With regard to the average price per m² , those properties with 2 bedrooms are the most costly ones at a cost of KSh 45,853 / m², with an average KSh 23,647 / m² price in Kisauni. The properties with the highest average prices have 1 bedroom. They are 261 % more expensive than the average followed by properties with 4 bedrooms with a price at KSh 72,127 / m².
The graph displaying the average prices displays the property type "Apartment" as the most affordable one. At an cost of KSh 16,677,778 it is 42 % cheaper than the average price in Kisauni. "Townhouse" is seen as the second most affordable property type. The dearest property type is "House" followed by "Plot". At a price of KSh 11,432,300 it is 39 % more expensive than the average price.
According to the average cost per m², the cheapest property type is "Plot" at an average cost of KSh 12,105 / m² followed by "Apartment" priced at KSh 52,743 / m². "Townhouse" is the most costly type of property with a KSh 1,197,302 / m² cost followed by "House" with an average price of KSh 82,665 / m².