Southern Peninsula
CONFIRMEDSALES|JUNE2024
Southern Peninsula| 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
Southern Peninsula| Full TitleSalesStatistics- June2024 Total List Price
FULL TITLE CONFIRMED SALESJUNE 2024
Southern Peninsula| Sectional TitleSalesStatistics- June2024
Total List Price
AverageList Price
R7,200,000 R2,400,000
Total SalesPrice
AverageSales Price
R7,010,000 R2,336,667
DifferenceBetween AverageList & SalesPrice
SECTIONAL TITLE CONFIRMED SALESJUNE 2024
