The prices in real estate in Blouberg, in the Western 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 Blouberg has increased during the last 6 months. In October, the average price per m² was R 20 046. In November this price pretty much remained the same at a value of R 20 080 per m². In the following two months the price per m² has increased 108 %, going from R 20 063 to R 21 736,5 per m². The price per m² has barely changed in the last two months compared to the average price of the previous four months going from an average price of R 20 899,75 to R 21 586,5 during February y March
Based upon to the price in Blouberg (cities & towns), this has gone up considerably in the last 6 months. The price in October is R 2 542 204, rising in November till R 2 752 334. During the following two months (December, January) the price has had an average incrementation from R 2 647 269 to R 2 976 566,5. Based on an analysis of the first four prices and the last two months the average price has gone up 110 % during the last two months.
The graph displaying the average price for bedrooms illustrates that those properties with 1 bedroom are the cheapest ones. At a price of R 2 948 953 they are 57 % more affordable than the average price for Blouberg. The properties with the highest average price have 4 bedrooms, Their price is 87 % more costly than the average. After that we have properties with 3 bedrooms priced at R 2 944 242.
With regard to the average price per m² , those properties with 4 bedrooms are the cheapest ones at a cost of R 17 354 / m², with an average R 20 913 / m² price in Blouberg. The properties with the highest average prices have 2 bedrooms. They are 15 % more expensive than the average followed by properties with 1 bedroom with a price at R 23 863 / m².
The graph displaying the average prices displays the property type "Apartment" as the most affordable one. At an cost of R 2 948 953 it is 32 % cheaper than the average price in Blouberg. "Flat" is seen as the second most affordable property type. The dearest property type is "Land" followed by "House". At a price of R 3 758 560 it is 208 % more expensive than the average price.
According to the average cost per m², the cheapest property type is "House" at an average cost of R 18 045 / m² followed by "Townhouse" priced at R 21 611 / m². "Land" is the most costly type of property with a R 7 268 992 / m² cost followed by "Flat" with an average price of R 439 638 / m².