The prices in real estate in Bredasdorp, 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 Bredasdorp has had a strong decrease during the last 6 months. In November, the average price per m² was R 7 087. In the following month the price per m² decreased considerably to R 5 654. The price for the following two months in (January, February) had a considerable decrease of 73 with regard to the prior two months. The price per m² has increased 108 % 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 5 513,25 to R 5 947,5 during March, and April.
Based upon to the price in Bredasdorp (cities & towns), this has fallen considerably in the last 6 months. The average price for November is R 3 144 000. During December the price had a slight fall till R 2 775 200. During the following two months (January, February) the average price had a considerable reduction of 75 % 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 2 591 035,75 to R 1 810 333,5, which means a 70 % fall.
The graph showing the average price for bedrooms displays the property with the lowest price has 1 bedroom. It is 51 % cheaper than the average price of R 886 667 in Bredasdorp. Based on the bedrooms values, properties with the lowest prices are those with 1 bedroom. They are 51 % more affordable than the average aforementioned.
With regard to the average prices per m² those properties with 1 bedroom are 59 % more costly than the average price of (R 10 449 / m²) in Bredasdorp. Properties with the most expensive price based upon to the number of bedrooms / m² are those with 1 bedroom. They are 59 % more costly than the average value aforementioned.