The average price in the Mombasa region has had a slight increase in recent months. There has been an inflation in the prices in this region.
The price per m² in Mombasa has increased in the last 6 months. During December, the average price per m² was KSh 47,217. The following month (January) the price increased to KSh 52,732 per m². The following two months (February, March) went through an increase of 113 % in the price per m² rising from KSh 49,974.5 to KSh 56,258.5 per m². In the last two months, the price per m² has had a significant decrease of 81 %. This has been obtained by comparing the price of KSh 53,116.5 for the first four months of the sample with regard to the previous 4 months and the price of KSh 43,051 per m² for the last two months (April, May).
Based upon to the price in Mombasa (region), this has decreased in the last 6 months. In the first month sample for December the average price is KSh 24,510,000. During January it went through a strong inflation reaching KSh 28,996,250 The average price for the following two months (February, March) decreased 90 % compared to the prior two. During the last two months the price has had a considerable reduction of 63 % with respect to the previous four months going from KSh 25,444,454 a KSh 16,022,041.
The graph displaying the the average price per number of bedrooms shows that those with 2 bedrooms are the cheapest ones. They are 43 % more affordable than the average price in Mombasa followed by those with 1 with an average price of KSh 10,453,821. The most costly properties have 4 bedrooms. They are 115 % more expensive than the average followed by those properties with 3 bedrooms priced at KSh 16,678,305.
Based on the average price per m² those properties with 2 bedrooms are the cheapest ones with a price of KSh 34,012 / m² being KSh 47,299 / m² the average value within the Mombasa region. The properties with the most expensive average price are those with 4 bedrooms. These are 29 % more costly than the average followed by those with 3 bedrooms with a price of KSh 44,422 / m².
The graph displaying the average price according to the property type shows "House" as the cheapest one. With an average cost of KSh 17,232,653 it is 6 % more affordable than the average in Mombasa. This is followed by "Plot" with a price of KSh 26,407,150. The dearest property type is "Land" and is 900 % more expensive than the average, followed by "Commercial" with a cost of KSh 100,895,411.
Based on the average cost per m² the cheapest property type is "Plot with a an average cost of KSh 6,911 / m², followed by "Land" with a price of KSh 17,756 / m². "Commercial" with an average price of KSh 65,698 / m² is the most costly type of property followed by "Apartment" at a price of KSh 60,857 / m².