The prices in real estate in Bethelsdorp, in the Eastern Cape region have had a minor rise in the last couple of months. The real estate prices for second hand homes have risen in this city.
The price per m² in Bethelsdorp has increased during the last 6 months. In October, the average price per m² was R 2 387. In the following month the price per m² increased considerably to R 3 251. The price for the following two months in (December, January) had a considerable increment of 166 %. The price per m² has had a considerable deflation of 0 % 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 3 749,5 to during February, and March.
Based upon to the price in Bethelsdorp (cities & towns), this has fallen considerably in the last 6 months. In our first sample month during October, the average price is R 720 000. In November This price remains at R 736 667. During the following two months (December, January) the average price had a considerable reduction of 76 % with regard to the previous two months. During the last two months the average price has had a strong fall compared to the previous four going from R 642 500,25 to , which means a 0 % fall.