Property prices for sale in Ibadan (Oyo)

The prices in real estate in Ibadan, in the Oyo region have had a minor fall in the last couple of months. The real estate prices for second hand homes have fallen in this city

₦ 8,937,719.83
Average price last 6 months
₦ 16,485.17
Price/m² last 6 months
Average price per m2

The price per m² in Ibadan has fallen in the last 6 months. In September, the average price per m² was ₦ 18,563. In October this price pretty much remained the same at a value of ₦ 18,709 per m². The price for the following two months in (November, December) decreased 94 % with regard to the prior two months. The price per m² has had a considerable deflation of 73 % 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 ₦ 18,097.25 to ₦ 13,261 during January, and February.

Average price

Based upon to the price in Ibadan (cities & towns), this has fallen considerably in the last 6 months. In our first sample month during September, the average price is ₦ 10,264,815. In October This price remains at ₦ 10,337,963. During the following two months (November, December) the average price fell 92 % with regard to the previous two months. During the last two months the average price has had a strong fall compared to the previous four going from ₦ 9,902,526 to ₦ 7,008,109, which means a 71 % fall.

Charts data
Average price February
Average price per m² February
Number of properties used in Ibadan
Number of properties used in region Oyo
₦ 6,157,647
₦ 11,322
586
1,136
** Graph's data with null or zero value are due to there isn't enough data available to get a reliable value