Real estate market analysis for January 2024 Kenya Get investment insights from us. We present to you a comprehensive market data compilation tailored.

To enrich our dataset, we meticulously reviewed several reports, including but not limited to:

  • Property data sourced from commercialpropertykenya.com and BuyrentKenya property listings.
  • Insights from prominent industry reports include the Knight Frank African Report, Kenya Property Centre’s average property prices report, Cytonn’s retail investment report, Hass Index report, estate intel report, KPDA, property pro, and Remax Price estimate.
  • Statistical data including GDP reports to provide economic context.

Below, we outline key findings from our data analysis:

Property Prices in Various Nairobi Neighborhoods:

Kilimani property prices trends:

  • 1 bedroom Average Price (Jan 2024): KSh 5,000,000
  • 2 bedroom Average Price (Jan 2024): KSh 8,600,000
  • 3 bedroom Average Price (Jan 2024): KSh 12,900,000
  • 4 bedroom Average Price (Jan 2024): KSh 18,000,000
  • 5 bedroom Average Price (Dec 2023): KSh 30,000,000

Property prices in Kileleshwa:

  • 1 bedroom Average Price (Jan 2024): KSh 5,000,000
  • 2 bedroom Average Price (Jan 2024): KSh 9,000,000
  • 3 bedroom Average Price (Jan 2024): KSh 13,500,000
  • 4 bedroom Average Price (Jan 2024): KSh 21,300,000
  • 5 bedroom Average Price (Jan 2024): KSh 30,000,000

Lavington property market insights:

  • 1 bedroom Average Price (Jan 2023): KSh 12,500,000
  • 3 bedroom Average Price (Jan 2024): KSh 35,000,000
  • 4 bedroom Average Price (Jan 2024): KSh 65,750,000
  • 5 bedroom Average Price (Jan 2024): KSh 55,000,000

Westlands property market analysis:

  • 1 Bedroom Average Price (Jan 2024): KSh 7,000,000
  • 2 Bedroom Average Price (Jan 2024): KSh 12,000,000
  • 3 Bedroom Average Price (Jan 2024): KSh 20,950,000
  • 4 Bedroom Average Price (Jan 2024): KSh 28,000,000
  • 5 Bedroom Average Price (Jan 2024): KSh 35,000,000

Parklands:

  • 1 Bedroom Average Price (Jan 2024): KSh 7,000,000
  • 2 Bedroom Average Price (Jan 2024): KSh 13,000,000
  • 3 Bedroom Average Price (Jan 2024): KSh 18,000,000
  • 4 Bedroom Average Price (Jan 2024): KSh 25,000,000
  • 5 Bedroom Average Price (Jan 2024): KSh 33,000,000

Syokimau:

  • 1 Bedroom Average Price (Jan 2024): KSh 3,500,000
  • 2 Bedroom Average Price (Jan 2024): KSh 5,000,000
  • 3 Bedroom Average Price (Jan 2024): KSh 9,500,000
  • 4 Bedroom Average Price (Jan 2024): KSh 13,500,000
  • 5 Bedroom Average Price (Oct 2023): KSh 20,000,000

Average Property Prices in Mombasa:

  • Tudor: KSh 15,250,000
  • Nyali: KSh 12,680,000
  • Shanzu: KSh 12,670,000
  • Bamburi: KSh 12,000,000
  • Ganjoni: KSh 7,900,000

Average House Property Prices by County in Kenya:

  • Nairobi: KSh 100,350,000
  • Nakuru: KSh 55,900,000
  • Kiambu: KSh 22,410,000
  • Kajiado: KSh 12,800,000
  • Machakos: KSh 10,550,000

Average Price of Houses for Sale in Nairobi:

  • Muthaiga: KSh 340,810,000
  • Kitisuru: KSh 111,250,000
  • Karen: KSh 88,680,000
  • Spring Valley: KSh 85,000,000
  • Roysambu: KSh 70,000,000
  • Westlands: KSh 59,070,000
  • Lavington: KSh 56,090,000
  • Kileleshwa: KSh 34,930,000
  • Thindigua: KSh 30,000,000
  • Pangani: KSh 27,000,000
  • Nairobi West: KSh 25,500,000
  • Kilimani: KSh 19,330,000
  • Langata: KSh 18,250,000

We trust that this data compendium will serve as a valuable resource in guiding your investment endeavours. Should you require further analysis or assistance, please do not hesitate to contact us.