The prices in real estate in Eshowe, in the Kwazulu-natal 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 Eshowe has increased strongly during the last 6 months. In November, the average price per m² was R 2 957. In the following month the price per m² increased considerably to R 4 250. In the following two months the price per m² has barely changed, going from R 3 603,5 to R 3 459 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 3 531,25 to R 3 513,5 during March y April
Based upon to the price in Eshowe (cities & towns), this has gone downing the last 6 months. The average price for November is R 1 597 400. During December the price had a slight fall till R 1 380 238. During the following two months (January, February) the price has had an average incrementation from R 1 488 819 to R 1 666 625. During the last two months, the average price has reduced with regard to the previous ones. To be precise it has gone down 86 %, going from R 1 577 722 to R 1 349 791,5 in March and April.