RED ANALYTICS REPORT. FRIDAY, NOVEMBER 1, 2024.
|
|
The RED Analytics Report is in fact a 30-day infographic snapshot of Uganda's Dynamic Property Market, The report for Friday, November 1, 2024, provides a live, real-time overview of Uganda's real estate activities over the past 30 days.
By offering aggregated, continuously updated data on new listings, top-performing agents, key locations, trending categories, and top agencies, the report empowers buyers, sellers, investors, brokers, realtors and agents with the knowledge to make strategic decisions in an evolving market.
Let's explore each section of the report in detail, while offering an insightful look into the trends that are currently shaping the property landscape.
Active Listings: An Ever-Expanding Marketplace.
The "Active Listings" section of the RED Analytics Report reflects the scope of properties currently available in Uganda's real estate market. With a total of 48,989 active listings, this section highlights the diversity of options available to potential buyers and renters, spanning residential, commercial, and investment properties.
By offering real-time access to this extensive collection of listings, the RED ensures that clients can always stay informed of the latest offerings, while agents and agencies can gauge the competitiveness of the market. This high volume of listings signifies a healthy and growing market, signaling numerous opportunities for stakeholders to explore.
New Listings: A Growing Inventory of Opportunities.
The influx of 1,313 new listings into the RED over the past month showcases the continual expansion of Uganda's real estate inventory. This section underscores the platform's capacity to attract fresh properties, benefiting users with a constantly updated array of options. Of these new listings, 682 are for rent and 666 are for sale, illustrating a balanced distribution between the rental and sales markets.
The graphical representations, including a pie chart and bar chart, help visualize this balance, illustrating both the numerical strength of the rental sector and the steady demand for properties for purchase. Together, these numbers highlight RED's role as a leading platform for new real estate listings in Uganda.
Top Agents: Driving the Market Forward.
The report also shines a light on the agents who contribute most significantly to the RED's growing listings. Topping the list is Shabira, who has made 287 new listings in the past 30 days, followed closely by Ivan with 254 listings, Wanyama with 150, Vicent with 123, David with 99, and Margaret with 91.
This section not only showcases the high-performing agents within the industry but also underscores the importance of agent-driven market activity. By setting new records in listings, these agents play a pivotal role in ensuring that clients have access to a vibrant, up-to-date selection of properties.
Top Locations: Key Real Estate Hotspots.
Within the RED, certain locations stand out due to their high real estate activity. Leading the list is Kira (Wakiso) with 152 new listings, making it a primary hub for property investment and growth. Following closely are Mutungo (Kampala) with 83 new listings, Najjera (Wakiso) with 66, Kisaasi (Kampala) with 60, Kyanja (Kampala) with 54, and Namugongo (Wakiso) with 53.
These figures reflect not only the demand for these areas but also a concentration of economic growth and residential expansion. For investors and buyers, these locations represent prime opportunities to engage in burgeoning real estate markets with significant growth potential.
Top Categories: Meeting Diverse Market Demands.
The "Top Categories" section of the report indicates the most popular types of properties listed, with Apartments leading at 436 new listings. Other high-demand categories include Residential Plots with 184 new listings, Semi-Detached Houses with 183, Bungalows with 181, Storyed Houses with 83, and Rental Units with 54.
Each category offers unique opportunities for investors and developers, reflecting the diverse needs of the market and the growing interest in varied property types. Whether for residential, commercial, or investment purposes, these top categories reveal the shifting preferences within Uganda's real estate landscape.
Special Categories: Unique and Niche Properties.
For clients seeking specialized property types, the RED report presents an array of Special Categories. Duplexes emerge as a standout with 12 new listings, followed by Office Space with 5 listings, Schools with 3, Warehouses with 2, and both Joint Investment Land and Flat Shares with 1 listing each.
These listings highlight the RED's commitment to catering to niche markets, providing options for buyers and investors who seek more unique or specialized real estate opportunities.
Top Properties Per Category: Premier Listings by Type.
Highlighting top properties within each category, the report lists premier listings with exact pricing and locations. For example, a Bungalow in Buziga is available for UGX 3,000,000, while a Storyed House in Munyonyo has a high-market price of USD 2,700,000.
Other notable listings include a Residential Land property in Lukuli for UGX 800,000,000, and an Agricultural Land parcel in Njeru priced at UGX 6,000,000. This selection showcases the RED's commitment to presenting high-quality properties that meet various preferences and budget ranges.
Top Agencies: Leading Contributors to the RED Inventory.
The report also recognizes the top agencies driving new listings. Leading the field is Vaniland Property Consultants with 520 new listings, followed by Brandpro Property Services with 254 listings, Gitta Propertied Ltd with 123 listings, Kololo Property Dealers with 99 listings, Mega Property Services with 91 listings, Sparta Properties with 59 listings, Property Agent 175 with 45 listings, and Houseify with 21 listings.
These agencies not only enrich the RED's property inventory but also reflect the agency-driven vigor within the Ugandan real estate sector.
Fastest Growing Locations: Emerging Market Hotspots.
The report identifies key locations experiencing rapid growth, ideal for investors and developers seeking emerging opportunities. Kira, Namugongo, Kyanja, Kisaasi, Najjera, Gayaza, Kyaliwajjala, Matugga, Bweyogerere, and Ntinda are noted as prime areas of development.
As these locations witness growing interest and increased listing activity, they offer exciting prospects for those looking to invest in areas marked by rapid urbanization and expanding infrastructure.
Fastest Growing Districts: A Testament to Regional Expansion.
Focusing on districts experiencing significant real estate growth, this section highlights Wakiso, Kampala, Mukono, Luweero, Mbarara, Mityana, Mpigi, Buyikwe, Nakaseke, and Kayunga. These areas exemplify the RED's ability to track growth in both urban and semi-urban regions, showcasing the broader expansion of real estate activity across Uganda.
Top Locations for Land and Houses: High-Demand Zones.
Finally, the report includes an analysis of top locations for both land and houses, with Kira, Kyanja, Namugongo, Gayaza, and Matugga emerging as sought-after areas for land investments, while Kira, Kyanja, Namugongo, Najjera, and Kisaasi are noted for high residential property listings.
These locations represent concentrated hubs of real estate activity and offer prime opportunities for buyers seeking to invest in high-demand areas.
Conclusion.
The RED Analytics Report for November 1, 2024, provides an invaluable snapshot of Uganda's property market, combining real-time data with actionable insights. For buyers, agents, and investors, the report highlights where to find the best properties and which areas are experiencing the fastest growth.
As RED continues to evolve and add more metrics, it stands as an indispensable tool for understanding the market dynamics and making well-informed property investment decisions in Uganda.
Click here for the live online report format (requires patience).
Or click here for the high resolution infographic report format.
Or click here for the PDF format
Kind Regards Julius Czar Author: Julius Czar Company: Zillion Technologies Ltd Mobile: +256705162000 / +256788162000 Email: Julius@RealEstateDatabase.net Website: www.RealEstateDatabase.net App: Install the RED Android App Follow me on: Twitter, LinkedIn, Facebook.
|
|
|
OTHER PAGES
|
|
|
|
|
|
Mansion
Location -
Bwebajja
|
District -
Wakiso
|
Type -
Mansion
|
Size -
five bedroom
|
Status -
For Sale
|
Code - 218592
|
Ugx 1,500,000,000
|
|
|
|
|
|
|
|
|
|
|
|
|