The prices in real estate in Bloemhof, in the North West 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 Bloemhof has increased strongly during the last 6 months. In November, the average price per m² was R 1 863. In the following month the price per m² decreased considerably to . The price for the following two months in (January, February) had a considerable increment of 393 %. The price per m² has had a considerable increase of 278 % 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 2 297,25 to R 6 391,5 during March, and April.
Based upon to the price in Bloemhof (cities & towns), this has gone up considerably in the last 6 months. The average price for November is R 1 139 500. During December the price had a considerable reduction till . During the following two months (January, February) the average price had a considerable increase of 300 % with regard to the previous two months. Based on an analysis of the first four prices and the last two months the average price has risen strongly 210 % during the last two months.