City Bowl Sales Report - June 2024

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City Bowl | SalesStatistics- June2024

Wearepleasedtosharewithyouall salesconfirmedinthemonthof June2024 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 trendforinterest ratestostart declininglaterintheyearisalsopositiveforthepropertymarket.

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

City Bowl | Full TitleSalesStatistics- June2024

Total List Price

AverageList Price

R26,645,000 R6,661,250

Total SalesPrice

AverageSales Price

R24,075,000 R6,018,750

DifferenceBetween AverageList & SalesPrice

FULL TITLE CONFIRMED SALESJUNE 2024

City Bowl | Sectional TitleSalesStatistics- June2024

Total List Price

AverageList Price

R80,505,000 R2,596,935

Total SalesPrice

AverageSales Price

R74,180,000 R2,392,903

DifferenceBetween

SECTIONAL TITLE CONFIRMED SALES JUNE 2024

SECTIONAL TITLE CONFIRMED SALES JUNE 2024

SECTIONAL TITLE CONFIRMED SALES JUNE 2024

ThankYou.

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