City Bowl FULLTITLECONFIRMEDSALES|MAY2024
City Bowl | SalesStatistics- May2024
Wearepleasedtosharewithyouall salesconfirmedinthemonthof May2024 inthegreaterCapeTownareaassubmittedbythe majorreal estateagencies,andreportedbyPropStats,thereportingagencyof theInstituteof EstateAgentsof SouthAfrica.
Themarket intheWesternCapecontinuestobeoneof themost robust inthecountry.Ourviewisthat thedefinitiveoutcomeof theelectionsintheWesternCapewill continuetobenefit thepropertymarket andthat ourwell-runmunicipalitiesand goodlocal governancewill beamajordrawcardandcontinuetomaketheWesternCapeadesirableplacetoliveforlocal andinternational buyers.Thetrendforinterest 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- May2024
Total List Price
AverageList Price
R41,945,000 R6,990,833
Total SalesPrice
AverageSales Price
R38,250,000 R6,375,000
DifferenceBetween AverageList & SalesPrice
-9.58% 90 AverageNumber Of DaysOn TheMarket 6 Number Of PropertiesSold
FULL TITLE CONFIRMED SALESMAY 2024
CITY BOWL Address Suburb R/ m² Erf (m²) Beds Baths Parking& Garages List Price SalePrice List Days 8RoseStreet Bo-Kaap R57,237 76 3 2 3 R4,950,000 R4,350,000 52 14 Belmont Avenue Oranjezicht R22,424 495 4 3 2 R11,800,000 R11,100,000 13 19LabounereStreet Oranjezicht R14,226 478 3 2 2 R7,650,000 R6,800,000 294 30 WoodsideRoad Tamboerskloof R18,733 363 2 3 1 R7,000,000 R6,800,000 1 9VanRyneveldAvenue Vredehoek R20,614 228 4 2.5 0 R5,295,000 R4,700,000 41 4 NoordelikAvenue Vredehoek R20,000 225 2 2 2 R5,250,000 R4,500,000 136
