The prices in real estate in Bonnievale, in the Western Cape region have had a strong fall in the last couple of months. The real estate prices for second hand homes have gone through a strong fall in this city.
The price per m² in Bonnievale has had a strong decrease during the last 6 months. In November, the average price per m² was R 8 140. In the following month the price per m² decreased considerably to R 6 576. The price for the following two months in (January, February) had a considerable decrease of 62 with regard to the prior two months. The price per m² has had a considerable increase of 131 % 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 5 952,75 to R 7 807 during March, and April.
Based upon to the price in Bonnievale (cities & towns), this has gone downing the last 6 months. The average price for November is R 2 485 647. During December the price had a slight fall till R 2 326 077. During the following two months (January, February) the average price fell 90 % 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 2 280 181 and R 2 245 483,5 between March and April.
The graph showing the average price for bedrooms displays the property with the lowest price has 2 bedrooms. It is 14 % cheaper than the average price of R 2 349 371 in Bonnievale. Based on the bedrooms values, properties with the highest prices are those with 1 bedroom. They are 213 % more expensive than the average aforementioned.
With regard to the average prices per m² those properties with 2 bedrooms are 32 % more costly than the average price of (R 14 410 / m²) in Bonnievale. Properties with the most expensive price based upon to the number of bedrooms / m² are those with 1 bedroom. They are 78243 % more costly than the average value aforementioned.