Hout Bay & Llandudno Sales Report | May 2024

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Hout Bay CONFIRMEDSALES|MAY2024

Hout Bay & Llandudno| 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

Hout Bay | Full TitleSalesStatistics- May2024

Total List Price

AverageList Price

R82,435,000 R5,888,214

Total SalesPrice

AverageSales Price

R78,260,000 R5,590,000

DifferenceBetween AverageList & SalesPrice

-4.84% 77 AverageNumber Of DaysOn TheMarket 14 Number Of PropertiesSold

FULL TITLE CONFIRMED SALESMAY 2024

HOUT BAY Address Suburb R/ m² Erf (m²) Beds Baths Parking& Garages List Price SalePrice List Days 21Royal Avenue BeachEstate R12,977 393 3 4 4 R5,295,000 R5,100,000 2 4 IronwoodClose Berg-en-Dal R11,934 574 3 2 4 R7,895,000 R6,850,000 30 33ApplegarthClose Bokkemanskloof R3,120 673 0 0 0 R2,195,000 R2,100,000 250 7Karakal Road Helgarda R2,733 2250 3 3 5 R6,650,000 R6,150,000 24 Scott Estate,29Skaife Street Hout Bay R7,349 1007 5 4 5 R7,750,000 R7,400,000 110 16Scottsville Circle Hout Bay R7,667 913 3 2 4 R7,300,000 R7,000,000 7 18KerznerEstate, Mount RhodesDrive Hout Bay R4,811 1060 0 0 0 R5,100,000 R5,100,000 365 24EChristiaan Street Hout Bay R6,044 661 3 4 4 R3,995,000 R3,995,000 5 17LaurentiaWay KleinLeeukop R11,687 415 3 4 2 R4,895,000 R4,850,000 21 6Mount RhodesDrive Mount Rhodes R4,211 1900 5 5 4 R8,700,000 R8,000,000 120 13BGilquinCrescent Northshore R4,275 414 0 0 0 R1,995,000 R1,770,000 65 22AApplegarthEstate, 0 RoanAvenue Overkloof R19,526 348 0 0 0 R6,795,000 R6,795,000 50

FULL TITLE CONFIRMED SALESMAY 2024

HOUT BAY Address Suburb R/ m² Erf (m²) Beds Baths Parking& Garages List Price SalePrice List Days 47AndrewsRoad ScottsEstate R8,730 1071 3 3 3 R9,875,000 R9,350,000 18 4 BroughtonMews, 0 Baviaanskloof Road ScottsEstate R8,333 456 3 2 2 R3,995,000 R3,800,000 13

Hout Bay | Sectional TitleSalesStatistics- May2024

Total List Price

AverageList Price

R30,115,000 R2,509,583

Total SalesPrice

AverageSales Price

R28,020,000 R2,335,000

DifferenceBetween AverageList & SalesPrice

-7.42% 88 AverageNumber Of DaysOn TheMarket 12 Number Of PropertiesSold

SECTIONAL TITLE CONFIRMED SALESMAY 2024

HOUT BAY Address Suburb R/ m² Erf (m²) Beds Baths Parking& Garages List Price SalePrice List Days 3St JamesPlace,86EmpireAvenue BeachEstate R34,848 99 2 2 2 R3,450,000 R3,450,000 395 18Summerville,105BrightonStreet BeachEstate R11,915 235 4 3 4 R2,900,000 R2,800,000 49 4 TheLodge,31Royal Avenue BeachEstate R31,646 79 2 1 2 R2,595,000 R2,500,000 18 L2PrincessBeach,PrincessStreet BeachEstate R28,289 76 2 1 2 R2,750,000 R2,150,000 175 E6PrincessBeach, 35PrincessStreet BeachEstate R28,061 49 1 1 1 R1,490,000 R1,375,000 15 204 TheBreakers, 4 BrightonStreet Hout Bay R21,053 95 2 1 2 R2,295,000 R2,000,000 60 M1PrincessBeach, 35PrincessStreet Hout Bay R27,576 66 2 1 1 R2,250,000 R1,820,000 90 4 MontegoBay, 0 PondicherryAvenue Northshore R19,298 171 3 2 2 R3,300,000 R3,300,000 7 1TheBoardwalk,19OxfordStreet Northshore R21,500 100 2 2 2 R2,200,000 R2,150,000 130 8CManorGardens, Baviaanskloof Road ScottsEstate R30,488 82 2 1 1 R2,590,000 R2,500,000 6 16Riverview,0 Baviaanskloof Road ScottsEstate R29,097 72 2 1 1 R2,095,000 R2,095,000 1 8i ManorGardens, Baviaanskloof Road ScottsEstate R22,381 84 2 1 1 R2,200,000 R1,880,000 111
Llandudno CONFIRMEDSALES|MAY2024

Llandudno| Full TitleSalesStatistics- May2024

Total List Price

R45,000,000

Total SalesPrice

R45,000,000

AverageList Price

R45,000,000

AverageSales Price

R45,000,000

DifferenceBetween AverageList & SalesPrice

0% 14 AverageNumber Of DaysOn TheMarket 1 Number Of PropertiesSold

FULL TITLE CONFIRMED SALESAPRIL 2024

LLANDUDNO Address Suburb R/ m² Erf (m²) Beds Baths Parking& Garages List Price SalePrice List Days 23LeeukoppieRoad Llandudno R45,409 991 5 5 2 R45,000,000 R45,000,000 14

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