Property prices for sale in Muthaiga (Nairobi)

The prices in real estate in Muthaiga, in the Nairobi region have had a strong fall in the last couple of months. The real estate prices for second hand homes have gone through a strong fall in this city.

KSh 276,130,321.5
Average price last 6 months
KSh 492,164
Price/m² last 6 months
Average price per m2

The price per m² in Muthaiga has had a strong decrease during the last 6 months. In September, the average price per m² was KSh 813,872. In the following month the price per m² decreased considerably to . The price for the following two months in (November, December) had a considerable decrease of 0 with regard to the prior two months. The price per m² has had a considerable deflation of 42 % 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 203,468 to KSh 85,228 during January, and February.

Average price

Based upon to the price in Muthaiga (constituencies & towns), this has fallen considerably in the last 6 months. The average price for September is KSh 346,153,500. During October the price had a considerable reduction till . During the following two months (November, December) the average price had a considerable reduction of 0 % 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 119 % during the last two months.

Average price per bedrooms

The graph displaying the average price for bedrooms illustrates that those properties with 3 bedrooms are the cheapest ones. At a price of KSh 206,107,143 they are 16 % more affordable than the average price for Muthaiga. The properties with the lowest average price have 1 bedroom, Their price is 16 % cheaper than the average. After that we have properties with 3 bedrooms priced at KSh 172,535,004.

With regard to the average price per m² , those properties with 3 bedrooms are the most costly ones at a cost of KSh 9,157,641 / m², with an average KSh 170,456 / m² price in Muthaiga. The properties with the highest average prices have 1 bedroom. They are 5299 % more expensive than the average followed by properties with 3 bedrooms with a price at KSh 9,157,641 / m².

Price per property type

The graph displaying the average prices displays the property type "Industrial Property" as the most affordable one. At an cost of KSh 206,107,143 it is 27 % cheaper than the average price in Muthaiga. "House" is seen as the second most affordable property type. The dearest property type is "Townhouse" followed by "Commercial". At a price of KSh 221,129,497 it is 8 % more expensive than the average price.

According to the average cost per m², the most expensive property type would be "Industrial Property" at an average cost of KSh 1,287,124 / m² followed by "House" priced at KSh 9,157,641 / m². "Townhouse" is the most costly type of property with a KSh 13,692,519 / m² cost followed by "Commercial" with an average price of KSh 13,624,191 / m².

Charts data
Average price February
Average price per m² February
Number of properties used in Muthaiga
Number of properties used in region Nairobi
KSh 206,107,143
KSh 170,456
28
3,720
** Graph's data with null or zero value are due to there isn't enough data available to get a reliable value