The prices in real estate in Albertinia, in the Western Cape region have had a minor fall in the last couple of months. The real estate prices for second hand homes have fallen in this city
The price per m² in Albertinia has fallen in the last 6 months. In October, the average price per m² was R 5 777. In the following month the price per m² decreased considerably to R 3 814. The price for the following two months in (December, January) decreased 90 % with regard to the prior two months. The price per m² has had a considerable increase of 144 % 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 4 553,5 to R 6 538,5 during February, and March.
Based upon to the price in Albertinia (cities & towns), this has gone downing the last 6 months. The average price for October is R 1 709 087. During November the price had a slight fall till R 1 606 364. During the following two months (December, January) the average price fell 95 % with regard to the previous two months. During the last two months, the average price has pretty much remained the same with regard to the previous average values going from an average value of R 1 615 427,75 and R 1 666 305 between February and March.