Southern Suburbs| 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
Suburbs| Full TitleSalesStatistics- June2024
Total List Price
R502,911,499
Total SalesPrice
R469,864,000
AverageList Price
R7,619,871
AverageSales Price
R7,119,152
FULL TITLE CONFIRMED SALESJUNE 2024
FULL TITLE CONFIRMED SALESJUNE 2024
FULL TITLE CONFIRMED SALESJUNE 2024
FULL TITLE CONFIRMED SALESJUNE 2024
FULL TITLE CONFIRMED SALESJUNE 2024
Southern Suburbs| Sectional TitleSalesStatistics- June2024
Total List Price
AverageList Price
R85,060,000 R5,003,529
Total SalesPrice
AverageSales Price DifferenceBetween
R81,090,000 R4,770,000
SECTIONAL TITLE CONFIRMED SALESJUNE 2024
SECTIONAL TITLE CONFIRMED SALESJUNE 2024
