The prices in real estate in City Of Johannesburg Metro, in the Gauteng region have remained the same in the last couple of months. The real estate prices for second hand homes have remained in this city.
The price per m² in City Of Johannesburg Metro has remained the same in the last 6 months. In October, the average price per m² was R 6 577. In November this price pretty much remained the same at a value of R 6 577 per m². In the following two months the price per m² has barely changed, going from R 6 577 to R 6 577 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 6 577 to R 6 577 during February y March
Based upon to the price in City Of Johannesburg Metro (cities & towns), these have remained the same in the last 6 months. In our first sample month during October, the average price is R 813 370. In November This price remains at R 813 370. In the following two months the average price has remained the same with regard to the previous two months from R 813 370 to R 813 370. 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 813 370 and R 813 370 between February and March.
The graph displaying the average price for bedrooms illustrates that those properties with 3 bedrooms are the most costly ones. At a price of R 813 370 they are 108 % more expensive than the average price for City Of Johannesburg Metro. Following this ranking we find those properties with 1 at an average price of R 1 707 490. The properties with the highest average price have 2 bedrooms, Their price is 199 % more costly than the average. After that we have properties with 4 bedrooms priced at R 1 919 138.
With regard to the average price per m² , those properties with 4 bedrooms are the most costly ones at a cost of R 7 223 / m², with an average R 6 577 / m² price in City Of Johannesburg Metro. The properties with the highest average prices have 1 bedroom. They are 398 % more expensive than the average followed by properties with 2 bedrooms with a price at R 27 539 / m².
The graph displaying the average prices displays the property type "Townhouse" as the most costly one. At an cost of R 813 370 it is 80 % more expensive than the average price in City Of Johannesburg Metro. "House" is seen as the second dearest property type. The dearest property type is "Apartment" followed by "Flat". At a price of R 2 038 559 it is 211 % more expensive than the average price.
According to the average cost per m², the most expensive property type would be "House" at an average cost of R 6 660 / m² followed by "Office" priced at R 9 733 / m². "Apartment" is the most costly type of property with a R 31 533 / m² cost followed by "Flat" with an average price of R 26 029 / m².