The prices in real estate in Calitzdorp, in the Western Cape region have had a minor fall in the last couple of months. The real estate prices for second hand homes have fallen in this city
The price per m² in Calitzdorp has fallen in the last 6 months. In November, the average price per m² was R 4 066. In the following month the price per m² increased to R 4 580. The price for the following two months in (January, February) decreased 87 % with regard to the prior two months. The price per m² has had a considerable deflation of 74 % 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 4 050,25 to R 3 017 during March, and April.
Based upon to the price in Calitzdorp (cities & towns), this has gone up considerably in the last 6 months. In our first sample month during November, the average price is R 1 572 500. In December This price remains at R 1 603 421. During the following two months (January, February) the average price had a considerable increase of 125 % 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 gone up 108 % during the last two months.