


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
Hout Bay | Full TitleSalesStatistics- June2024
Total List Price
AverageList Price
R97,230,000 R6,945,000
Total SalesPrice
AverageSales Price
R91,825,000 R6,558,929
DifferenceBetween
& SalesPrice
Hout Bay |
Sectional TitleSalesStatistics- June2024
Total List Price
AverageList Price
R33,280,000 R3,025,455
Total SalesPrice
AverageSales Price
R31,940,000 R2,903,636
DifferenceBetween AverageList & SalesPrice