Property prices for sale in City Of Johannesburg Metro (Gauteng)

The prices in real estate in City Of Johannesburg Metro, in the Gauteng region have had a strong rise in the last couple of months. The real estate prices for second hand homes have gone through a strong increase in this city.

R 1 803 591,33
Average price last 6 months
R 12 439
Price/m² last 6 months
Average price per m2

The price per m² in City Of Johannesburg Metro has increased strongly during the last 6 months. In August, the average price per m² was . In the following month the price per m² increased considerably to . The price for the following two months in (October, November) had a considerable increment of 2147483647 %. The price per m² has had a considerable increase of 334 % in the last two months compared to the average price for the previous four months. This was obtained by comparing the first four months of the period going from a price per m² of R 3 491,75 to R 11 675 during December, and January.

Average price

Based upon to the price in City Of Johannesburg Metro (cities & towns), this has gone up considerably in the last 6 months. The average price during our first sample month during August, is . During September the price went through a considerable rise reaching . During the following two months (October, November) the average price had a considerable increase of 2147483647 % with regard to the previous two months. Based on an analysis of the first four prices and the last two months the average price has risen strongly 393 % during the last two months.

Average price per bedrooms

The graph displaying the average price for bedrooms illustrates that those properties with 3 bedrooms are the cheapest ones. At a price of R 1 787 391 they are 11 % more affordable than the average price for City Of Johannesburg Metro. Based on the bedrooms values, properties with the highest prices are those with 4 bedrooms. They are 10 % more expensive than the average aforementioned.

With regard to the average price per m² , those properties with 3 bedrooms are the cheapest ones at a cost of R 6 311 / m², with an average R 11 925 / m² price in City Of Johannesburg Metro. Properties with the most expensive price based upon to the number of bedrooms / m² are those with 2 bedrooms. They are 89 % more costly than the average value aforementioned.

Price per property type

The graph displaying the average prices displays the property type "House" as the most affordable one. At an cost of R 1 787 391 it is 15 % cheaper than the average price in City Of Johannesburg Metro. "Apartment" is seen as the second most affordable property type. The dearest property type is "Apartment" followed by "House". At a price of R 1 520 128 it is 63 % more expensive than the average price.

According to the average cost per m², the cheapest property type is "House" at an average cost of R 4 234 / m² followed by "Apartment" priced at R 32 119 / m². "Apartment" is the most costly type of property with a R 32 119 / m² cost followed by "House" with an average price of R 4 234 / m².

Charts data
Average price January
Average price per m² January
Number of properties used in City Of Johannesburg Metro
Number of properties used in region Gauteng
R 1 787 391
R 11 925
1 418
570 590
** Graph's data with null or zero value are due to there isn't enough data available to get a reliable value