Southern Peninsula
CONFIRMEDSALES|JULY2024
Southern Peninsula| 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
Southern Peninsula| Full TitleSalesStatistics- July 2024
Total List Price
R63,340,000 R5,758,182 AverageList Price Total SalesPrice
R60,100,000 R5,463,636 AverageSales Price
FULL TITLE CONFIRMED SALESJULY 2024
Southern Peninsula| Sectional TitleSalesStatistics- July 2024
Total List Price
AverageList Price
R13,635,000 R2,727,000
Total SalesPrice
AverageSales Price
R13,535,000 R2,707,000
DifferenceBetween AverageList & SalesPrice
SECTIONAL TITLE CONFIRMED SALESJULY 2024
43Galjoen@VillageLane, 13TeubesRoad
32Stumpnose@VillageLane, 13TeubesRoad
103SimonsbergHeights, 4 PalaceRoad
D2BayViewHeights, 2RedHill Road
