The average price in the Abuja region has had same value in recent months. Prices in this region have remained pretty much stagnant.
The price per m² in Abuja has remained stagnant in the last 6 months. During August, the average price per m² was ₦ 751,642. The following month (September) the price had a considerable increase reaching ₦ 1,171,274 per m². In the following two months (October, November) the price per m² has risen strongly to a 118 %. In the last two months, the price per m² has had a significant decrease of 15 %. This has been obtained by comparing the price of ₦ 1,045,723.25 for the first four months of the sample with regard to the previous 4 months and the price of ₦ 159,202 per m² for the last two months (December, January).
Based upon to the price in Abuja(region), this has decreased considerably in the last 6 months. The average price in August is ₦ 196,400,000. In September the price increased to ₦ 207,684,211. In the following two months the average price didn't change much compared to the previous two going from ₦ 202,042,112 to ₦ 211,737,552. During the last two months the price has had a considerable reduction of 26 % with respect to the previous four months going from ₦ 206,889,824 a ₦ 53,292,928.
The graph displaying the average price per bedrooms shows that the property with the most expensive price has 1 bedroom. This price is 521 % dearer than the average cost of ₦ 349,273,576 in Abuja. According to the bedrooms the most costly properties are those with 1 bedroom. They are 521 % more expensive than the average aforementioned.
Based upon the average prices per m², those properties with 1 bedroom are 6 % cheaper than the average (₦ 157,444 / m²) in Abuja. The properties with the lowest bedrooms / m² price are those with 1 bedroom. They are 6 % cheaper than the average aforementioned.
The graph displaying the average price according to the property type shows "Commercial property" as the most costly one. With an average cost of ₦ 56,222,222 it is 119 % more expensive than the average in Abuja. This is followed by "Flat" with a price of ₦ 123,968,994. The dearest property type is "Flat" and is 120 % more expensive than the average, followed by "Commercial property" with a cost of ₦ 123,350,382.
Based on the average cost per m² the cheapest property type is "Commercial property with a an average cost of ₦ 108,999 / m², followed by "Flat" with a price of ₦ 109,549 / m². "Flat" with an average price of ₦ 109,549 / m² is the cheapest type of property followed by "Commercial property" at a price of ₦ 108,999 / m².