Welcome to our latest
RED ANALYTICS REPORT, where we dive into the dynamic world of real estate with a snapshot from the Real-time (LIVE) property market analytics dashboard. This dashboard report is a feature of the Real Estate Database (RED) that will be published monthly to provide a comprehensive 30-day view of the property market. As we delve into the numbers, the following trends and top performers in various categories stand out, painting a vibrant picture of the real estate landscape.
Current Market Overview.As of today, there are 63,007 active listings on RED, with 1,688 new listings just added, highlighting a robust level of activity in the market. The breakdown of these new listings shows a significant interest in both renting and buying properties.
- 601 new listings for rent.
- 1,087 new listings for sale.
Visual representations in the form of pie and bar charts on the dashboard indicate a heavier inclination towards sales over rentals, which could suggest a bullish property market.
Top Performers.The real estate market's vibrancy is often powered by active agents who continuously push the boundaries by listing new properties. Currently, the leaders making waves are.
- Praise. Dominating with 423 new listings.
- Hawah. Close behind with 345 new listings.
- Julius. Marking the landscape with 308 new listings.
Prime Locations.Certain locations are buzzing more than others, with Kira (Wakiso) leading with 185 new listings. Other active areas include Kyanja and Kisaasi in Kampala, each presenting new opportunities for investors and homeowners alike.
Focus on Property Types.Investor and developer preferences are clearly skewed towards certain types of properties.
- Apartments and Bungalows. Both categories are nearly neck-to-neck with 331 and 328 new listings, respectively.
- Residential Plots. Also highly sought after with 299 new listings.
Special Categories.The market also caters to niche segments with unique needs.
- Schools, Hotels, Restaurants, Office Space. These categories have seen a handful of new listings, indicating specialized market movements.
Featured Properties.Highlighting the variety available, some properties stand out in each category, such as.
- A spacious Bungalow in Namugongo priced at UGX 165,000,000.
- An upscale Villa in Butabika, listed for USD 370,000.
Leading Agencies.Driving these listings are top agencies like Vaniland Property Consultants LTD and Prime Investments, which continue to introduce exciting properties into the market.
Geographic Hotspots.The dashboard also features bar charts showcasing areas with high demand for land and residential houses, further helping investors pinpoint where the action is.
Conclusion.The real estate market, as reflected by the RED analytics report, is bustling with activity, offering numerous opportunities for buyers, sellers, investors and real estate professionals. Whether you are looking for a new home, an investment, or simply gauging the market, these insights provide a valuable glimpse into where the market is heading. Stay tuned to our blog for more updates and deep dives into what makes the property market tick!
Keep this overview handy as you navigate the dynamic real estate landscape, and whether you're an agent, buyer, or an industry observer, there's never been a more exciting time to engage with the property market!
Feel free to suggest any metrics that you think are missing from the report and yet you would like to see them pyblished.