Property prices for sale in Bloemfontein (Free State)

The prices in real estate in Bloemfontein, in the Free State 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 1 712 485,5
Average price last 6 months
R 198 145,67
Price/m² last 6 months
Average price per m2

The price per m² in Bloemfontein has increased strongly during the last 6 months. In January, the average price per m² was R 42 204. In the following month the price per m² increased considerably to R 242 371. The price for the following two months in (March, April) had a considerable increment of 160 %. The price per m² has had a considerable increase of 122 % 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 184 856 to R 224 725 during May, and June.

Average price

Based upon to the price in Bloemfontein (cities & towns), this has gone downing the last 6 months. In our first sample month during January, the average price is R 1 792 592. In February This price remains at R 1 791 444. During the following two months (March, April) the average price fell 88 % 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 1 686 912 and R 1 763 632,5 between May and June.

Average price per bedrooms

The graph displaying the average price for bedrooms illustrates that those properties with 2 bedrooms are the cheapest ones. At a price of R 1 867 721 they are 55 % more affordable than the average price for Bloemfontein. The properties with the highest average price have 4 bedrooms, Their price is 22 % more costly than the average. After that we have properties with 1 bedroom priced at R 1 630 203.

With regard to the average price per m² , those properties with 4 bedrooms are the cheapest ones at a cost of R 7 361 / m², with an average R 386 649 / m² price in Bloemfontein. The properties with the highest average prices have 1 bedroom. They are 306 % more expensive than the average followed by properties with 2 bedrooms with a price at R 11 074 / m².

Price per property type

The graph displaying the average prices displays the property type "Apartment" as the most affordable one. At an cost of R 1 867 721 it is 67 % cheaper than the average price in Bloemfontein. "Townhouse" is seen as the second most affordable property type. The dearest property type is "Farm" followed by "Commercial". At a price of R 3 886 810 it is 145 % more expensive than the average price.

According to the average cost per m², the cheapest property type is "Apartment" at an average cost of R 10 268 / m² followed by "Townhouse" priced at R 10 517 / m². "Farm" is the most costly type of property with a R 3 918 068 / m² cost followed by "Commercial" with an average price of R 3 184 725 / m².

Charts data
Average price June
Average price per m² June
Number of properties used in Bloemfontein
Number of properties used in region Free State
R 1 867 721
R 386 649
19 194
36 734
** Graph's data with null or zero value are due to there isn't enough data available to get a reliable value