Land price growth in Nairobi’s suburbs slowed to its lowest level in three years during the third quarter of 2026, pointing to a moderation in the city’s property market.
According to the latest HassConsult Land Price Index, prices in Nairobi’s suburbs increased by 0.7 per cent during the quarter, down from 1.4 per cent in the second quarter.
The slowdown was accompanied by price declines in several established neighbourhoods. Muthangari recorded the steepest quarterly drop at 3.1 per cent, followed by Gigiri at 2.2 per cent and Riverside at 1.5 per cent.
Spring Valley and Ridgeways also recorded declines of 1.2 per cent and 0.6 per cent respectively.
Despite the declines, 13 of the 18 Nairobi suburban locations tracked by the index continued to record positive price movements.
The figures indicate that while land values remain on an upward trend in several parts of the capital, the pace of appreciation has eased compared with previous quarters.
The moderation could be significant for property investors and prospective buyers monitoring land prices in Nairobi and its surrounding areas.
