Hout Bay Sales Report - June 2024

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Hout Bay & Llandudno| 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

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

FULL TITLE CONFIRMED SALESJUNE 2024

FULL TITLE CONFIRMED SALESJUNE 2024

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

SECTIONAL TITLE CONFIRMED SALESJUNE 2024

ThankYou.

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