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
