Average price of 3 bedroom apartments for sale in Kolfe Keranio, Addis Ababa.

This report uses the median asking price of active listings on Ethiopia Property Centre last month, for each mix of category, property type, bedrooms, region and zone. Where it combines several of these, it averages their medians, weighted by how many listings each has. Using medians, not means, keeps a single unusual price from skewing a group's figure. We leave out an area's figure when it's more than 20 times the typical figure for its region (or for the whole country, where the rest of the region has too few listings) for the same kind of property, as these are almost always pricing mistakes.

For the quarterly view, see our quarterly market reports, and for how searches compare with the listings available, our demand vs supply report.