The prices in real estate in Deneysville, in the Free State region have had a strong rise in the last couple of months. The real estate prices for second hand homes have gone through a strong increase in this city.
The price per m² in Deneysville has increased strongly during the last 6 months. In November, the average price per m² was R 1 387. In the following month the price per m² decreased to R 1 309. The price for the following two months in (January, February) had a considerable increment of 183 %. The price per m² has had a considerable increase of 197 % 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 1 906,25 to R 3 752,5 during March, and April.
Based upon to the price in Deneysville (cities & towns), this has gone up considerably in the last 6 months. The average price during our first sample month during November, is R 1 384 214. During December the price went through a considerable rise reaching R 1 631 214. During the following two months (January, February) the average price had a considerable increase of 152 % 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 1 897 603,5 and R 1 844 063 between March and April.