The prices in real estate in Evaton, 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 Evaton has fallen in the last 6 months. In March, the average price per m² was R 4 106. In the following month the price per m² decreased considerably to R 2 664. The price for the following two months in (May, June) had a considerable increment of 118 %. The price per m² has decreased 92 % 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 3 694,75 to R 3 397,5 during July, and August.
Based upon to the price in Evaton (cities & towns), this has gone up in the last 6 months. The price in March is R 533 571, rising in April till R 565 806. During the following two months (May, June) the price has had an average incrementation from R 549 688,5 to R 598 775. Based on an analysis of the first four prices and the last two months the average price has gone up 105 % during the last two months.
The graph displaying the average price for bedrooms illustrates that those properties with 2 bedrooms are the cheapest ones. At a price of R 602 302 they are 23 % more affordable than the average price for Evaton. The properties with the highest average price have 4 bedrooms, Their price is 41 % more costly than the average. After that we have properties with 3 bedrooms priced at R 655 556.
With regard to the average price per m² , those properties with 4 bedrooms are the most costly ones at a cost of R 3 304 / m², with an average R 3 104 / m² price in Evaton. The properties with the highest average prices have 1 bedroom. They are 18709 % more expensive than the average followed by properties with 3 bedrooms with a price at R 9 132 / m².
The graph displaying the average prices displays the property type "House" as the most affordable one. At an cost of R 602 302 it is 8 % cheaper than the average price in Evaton. "Farm" is seen as the second most affordable property type. The dearest property type is "Farm" followed by "House". At a price of R 552 112 it is 916 % 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 387 819 / m² followed by "Farm" priced at R 6 117 514 / m². "Farm" is the most costly type of property with a R 6 117 514 / m² cost followed by "House" with an average price of R 387 819 / m².