RED ANALYTICS REPORT, THURSDAY, AUGUST 1, 2024.
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Introduction to the RED Analytics Report.
The RED Analytics Report for Thursday, August 1, 2024, offers a live, dynamic snapshot of Uganda's real estate market, leveraging data from the Real Estate Database (RED). This real-time report provides a 30-day infographic overview, showcasing aggregated listings data. It is an invaluable tool for buyers, sellers, investors, and real estate professionals, highlighting opportunities within the market. The report is interactive, with clickable blue text that provides additional context and details, enhancing user engagement. It's important to note that the report focuses on property listings rather than completed sales transactions, as the latter are not conducted online and hence are not captured in this data set.
Active Listings: A Snapshot of Market Availability.
As of the latest data extraction, there are 53,566 active property listings on the RED platform. This figure represents the total number of properties currently available for sale or rent, offering a wide range of options for potential buyers and renters. The active listings reflect the breadth of the market, encompassing various property types and locations, catering to diverse consumer needs and preferences.
New Listings: Fresh Opportunities in the Market.
In the past 30 days, the RED platform has recorded 2,823 new property listings. Of these, 1,140 are for rental properties, and 1,683 are for sale. This influx of new listings indicates a dynamic and active market, with a healthy supply of fresh properties becoming available. The data is further visualized through pie and bar charts, which illustrate the distribution and disparity between rental and sale listings, providing a clear picture of market trends.
Top Agents: Leading the Market with New Listings.
Several agents have distinguished themselves by leading in the number of new listings on the RED platform. Vincent, with 946 new listings, tops the list, followed by Liz with 423, Praise with 404, Wanyama with 208, Margaret with 139, and David with 128. These agents play a crucial role in the market, driving the availability of properties and helping to meet the demands of buyers and renters.
Top Locations: Hotspots of Real Estate Activity.
The RED Analytics Report highlights several locations where the real estate market is particularly vibrant. Kira in Wakiso leads with 367 new listings, followed by Namugongo with 220, Kyanja in Kampala with 164, Kisaasi with 104, Kyaliwajjala with 102, and Najjera with 97. These areas are bustling with real estate activity, reflecting strong demand and a wealth of opportunities for investors and homebuyers alike.
Top Categories: Popular Property Types.
The report categorizes new listings into various property types, with apartments leading at 634 new listings. Bungalows follow with 491, residential plots with 431, semi-detached houses with 382, storyed houses with 259, and rental units with 144. This categorization provides insight into the preferences of investors and developers, highlighting the types of properties that are currently in demand.
Special Categories: Unique Property Listings.
Beyond the standard categories, the RED platform also features listings in special categories. These include hotels with 9 new listings, schools with 6, warehouses with 5, office spaces with 4, petrol stations with 3, and industrial plots with 2. These unique listings cater to specialized needs and highlight the diverse range of investment opportunities available in the market.
Top Properties Per Category: Standout Listings.
The report also showcases standout properties in each category. For example, a bungalow in Kira is listed at UGX 3,000,000, an apartment in Kyaliwajjala at UGX 700,000, a storyed house in Bukeelele at UGX 400,000,000, residential land in Kakiri at UGX 13,000,000, a mansion in Bunamwaaya at USD 800,000, agricultural land in Ssemuganja at UGX 10,000,000, a villa in Kyanja at UGX 1,200,000,000, and a duplex in Bukasa at UGX 2,000,000. These listings represent the best of what each category has to offer, highlighting prime properties in desirable locations.
Top Agencies: Leaders in the Market.
Leading the market in new listings are several prominent real estate agencies. Gitta Properties Ltd tops the list with 946 new listings, followed by Vaniland Property Consultants with 658, Prime Investment with 423, Mega Property Services with 139, Kololo Property Dealers with 128, Bigways with 98, Alpha Homes with 74, and Sparta Properties with 56. These agencies are key players in the market, driving the availability of new properties and shaping the landscape of the real estate sector in Uganda.
Fastest Growing Locations: Emerging Real Estate Hotspots.
The report identifies the fastest-growing locations in the real estate market, showcasing areas experiencing rapid development and increased activity. The bar charts in the report highlight top locations for land and houses, providing a visual representation of the areas with the highest demand and concentration of new listings. These emerging hotspots offer exciting opportunities for investors and developers looking to capitalize on the growing market.
Conclusion: Navigating the Dynamic Real Estate Landscape.
The RED Analytics Report provides a comprehensive overview of the current state of Uganda's real estate market, offering valuable insights for agents, buyers, investors, and industry observers. The detailed data and interactive elements of the report make it an essential tool for anyone engaged in the property market. As the market continues to evolve, the RED Analytics Report will be an invaluable resource for staying informed and making well-informed decisions. If you have any suggestions for additional metrics or data points that you would like to see in future reports, please feel free to share your feedback.
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.
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