Hout Bay
CONFIRMEDSALES|JULY2024
Hout Bay & Llandudno| SalesStatistics-
July 2024
Wearepleasedtosharewithyouall salesconfirmedinthemonthof July2024 inthegreaterCapeTownareaassubmittedbythe majorreal estateagencies,andreportedbyPropStats,thereportingagencyof theInstituteof EstateAgentsof SouthAfrica.
Themarket intheWesternCapecontinuestobeoneof themost robust inthecountry.Ourviewisthat thepolitical stabilityinthe WesternCapewill continuetobenefit thelocal propertymarket andthat ourwell-runmunicipalitiesandgoodlocal governancewill beamajordrawcardandcontinuetomaketheWesternCapethemost desirableplacetoliveforlocal andinternational buyers.The probabilityof interest ratesdecliningassoonasnext monthisalsopositiveforthepropertymarket.
Wearenowpreparingtolaunchourspringcataloguesandarelookingforwardtoabusyseasonasweapproachthethird quarterof theyear.Ouragentsareareaspecialistsandbest placedtoprovideall thelatest propertytrends,recent sales,valuationsorgeneral market trends.
Whetheryouareaseller,landlord,buyerortenant pleasedonot hesitatetocontact ustodiscussyourpropertyrequirements.
*PGPPropertyIndexavailableonrequest.
- Basil Moraitis, Regional Manager
Source:Propstats
Hout Bay | Full TitleSalesStatistics- July 2024
Total List Price
AverageList Price
R65,520,000 R6,552,000
Total SalesPrice
AverageSales Price DifferenceBetween
R61,665,000 R6,166,500
FULL TITLE CONFIRMED SALESJULY 2024
Hout Bay |
Sectional TitleSalesStatistics- July 2024
Total List Price
AverageList Price
R16,140,000 R4,035,000
Total SalesPrice
AverageSales Price
R15,450,000 R3,862,500
DifferenceBetween AverageList & SalesPrice
SECTIONAL TITLE CONFIRMED SALESJULY 2024
