Property prices for sale in Owerri (Imo)

The prices in real estate in Owerri, in the Imo region have had a strong rise in the last couple of months. The real estate prices for second hand homes have gone through a strong increase in this city.

₦ 6,793,397.83
Average price last 6 months
₦ 13,360.83
Price/m² last 6 months
Average price per m2

The price per m² in Owerri has increased strongly during the last 6 months. In September, the average price per m² was ₦ 11,221. In October this price pretty much remained the same at a value of ₦ 11,136 per m². In the following two months the price per m² has barely changed, going from ₦ 11,178.5 to ₦ 10,757 per m². The price per m² has had a considerable increase of 165 % 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 ₦ 10,967.75 to ₦ 18,147 during January, and February.

Average price

Based upon to the price in Owerri (cities & towns), this has gone up considerably in the last 6 months. In our first sample month during September, the average price is ₦ 5,851,745. In October This price remains at ₦ 5,800,821. In the following two months the average price has remained the same with regard to the previous two months from ₦ 5,826,283 to ₦ 5,595,464. Based on an analysis of the first four prices and the last two months the average price has risen strongly 157 % during the last two months.

Charts data
Average price February
Average price per m² February
Number of properties used in Owerri
Number of properties used in region Imo
₦ 12,500,000
₦ 25,859
572
924
** Graph's data with null or zero value are due to there isn't enough data available to get a reliable value