Southern Suburbs
CONFIRMEDSALES|JULY2024
Southern Suburbs|
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.
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Basil Moraitis, Regional Manager
Source:Propstats
Southern Suburbs| Full TitleSalesStatistics- July 2024
Total List Price
AverageList Price
R403,705,000 R9,388,488
Total SalesPrice
AverageSales Price
R371,075,000 R8,629,651
FULL TITLE CONFIRMED SALESJULY 2024
FULL TITLE CONFIRMED SALESJULY 2024
FULL TITLE CONFIRMED SALESJULY 2024
FULL TITLE CONFIRMED SALESJULY 2024
Southern Suburbs|
Sectional TitleSalesStatistics- July 2024
Total List Price
AverageList Price
R81,293,999 R2,139,316
Total SalesPrice
AverageSales Price
R76,945,000 R2,024,868
DifferenceBetween
& Sales Price
SECTIONAL TITLE CONFIRMED SALESJULY 2024
SECTIONAL TITLE CONFIRMED SALESJULY 2024
SECTIONAL TITLE CONFIRMED SALESJULY 2024
SECTIONAL TITLE CONFIRMED SALESJULY 2024
