The prices in real estate in Evaton, 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.
The price per m² in Evaton has increased strongly during the last 6 months. In October, the average price per m² was R 2 181. In November this price pretty much remained the same at a value of R 2 076 per m². In the following two months the price per m² has increased 105 %, going from R 2 128,5 to R 2 239 per m². The price per m² has had a considerable increase of 161 % 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 2 183,75 to R 3 523 during February, and March.
Based upon to the price in Evaton (cities & towns), these have remained the same in the last 6 months. The price in October is R 530 968, rising in November till R 559 797. In the following two months the average price has remained the same with regard to the previous two months from R 545 382,5 to R 547 439. During the last two months, the average price has reduced with regard to the previous ones. To be precise it has gone down 91 %, going from R 546 410,75 to R 496 952 in February and March.
The graph displaying the average price for bedrooms illustrates that those properties with 2 bedrooms are the cheapest ones. At a price of R 533 571 they are 13 % more affordable than the average price for Evaton. The properties with the highest average price have 4 bedrooms, Their price is 60 % more costly than the average. After that we have properties with 3 bedrooms priced at R 658 846.
With regard to the average price per m² , those properties with 4 bedrooms are the cheapest ones at a cost of R 3 324 / m², with an average R 4 106 / m² price in Evaton. The properties with the highest average prices have 1 bedroom. They are 14190 % more expensive than the average followed by properties with 3 bedrooms with a price at R 9 182 / m².
The graph displaying the average prices displays the property type "House" as the most costly one. At an cost of R 533 571 it is 4 % more expensive than the average price in Evaton. "Farm" is seen as the second dearest property type. The dearest property type is "Farm" followed by "House". At a price of R 554 883 it is 1052 % more expensive than the average price.
According to the average cost per m², the most expensive property type would be "House" at an average cost of R 389 766 / m² followed by "Farm" priced at R 6 148 196 / m². "Farm" is the most costly type of property with a R 6 148 196 / m² cost followed by "House" with an average price of R 389 766 / m².