The prices in real estate in Darling, 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 Darling has increased during the last 6 months. In October, the average price per m² was R 6 366. In the following month the price per m² increased considerably to R 7 749. In the following two months the price per m² has increased 112 %, going from R 7 057,5 to R 7 894,5 per m². The price per m² has had a considerable deflation of 81 % 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 7 476 to R 6 049 during February, and March.
Based upon to the price in Darling (cities & towns), these have remained the same in the last 6 months. The average price during our first sample month during October, is R 2 724 279. During November the price went through a considerable rise reaching R 3 176 421. During the following two months (December, January) the average price fell 95 % with regard to the previous two months. During the last two months, the average price has reduced with regard to the previous ones. To be precise it has gone down 92 %, going from R 2 869 440,5 to R 2 625 840,5 in February and March.