The rent prices in real estate in Mookgopong, in the Limpopo region have fallen considerably in the last couple of months. There has been a strong fall in the rent prices in this city.
The price per m² in Mookgopong has had a strong fall during the last 6 months. In November, the average price per m² was R 8 437. In the following month the price per m² fell considerably to R 5 477. The price for the following two months in (January, February) had a considerable fall of 21 with regard to the previous two months. The price per m² has had a considerable fall of 32 % 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 4 200 to R 1 337 during March, and April.
When referring to the price in Mookgopong (cities & towns), this has fallen considerably in the last 6 months. The average price for November is R 551 395. During December the price had a slight fall till R 496 006. During the following two months (January, February) the average price had a considerable fall of 24 % with regard to the previous two months. During the last two months the average price has fallen greatly compared to the previous four going from R 325 737,75 to R 48 859, which means a 15 % fall.