The prices in real estate in Ekurhuleni, in the Gauteng 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 Ekurhuleni has fallen in the last 6 months. In July, the average price per m² was R 2 814. In the following month the price per m² decreased considerably to R 2 294. The price for the following two months in (September, October) had a considerable increment of 117 %. The price per m² has decreased 89 % 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 2 774,25 to R 2 468,5 during November, and December.
Based upon to the price in Ekurhuleni (cities & towns), this has gone downing the last 6 months. The average price for July is R 1 646 343. During August the price had a considerable reduction till R 1 308 993. During the following two months (September, October) the price has had an average incrementation from R 1 477 668 to R 1 566 502. 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 1 522 085 and R 1 575 241 between November and December.
The graph showing the average price for bedrooms displays the property with the lowest price has 1 bedroom. It is 0 % cheaper than the average price of R 1 461 482 in Ekurhuleni. Based on the bedrooms values, properties with the lowest prices are those with 1 bedroom. They are 0 % more affordable than the average aforementioned.
With regard to the average prices per m² those properties with 1 bedroom are 0 % cheaper than the average price of (R 2 395 / m²) in Ekurhuleni. Properties with the most affordable price based upon to the number of bedrooms / m² are those with 1 bedroom. They are 0 % cheaper than the average value aforementioned.
With regard to the average price based upon the property in Ekurhuleni we can see that the cheapest property type is "House" at a price of R 1 461 482, they are 0 % more affordable than the average price of (!PRECIO2!). "House" has the lowest price. This price is 0 % more affordable than the average price aforementioned.
According to the average area cost by m² the cheapest property type is "House with an average price of R 2 395 / m². "House" with an average cost of R 2 395 / m² has the lowest price and would be directed at less affluent cities.