The prices in real estate in Groblersdal, in the Mpumalanga 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 Groblersdal has fallen in the last 6 months. In November, the average price per m² was R 3 451. In the following month the price per m² decreased considerably to R 2 570. The price for the following two months in (January, February) decreased 86 % with regard to the prior two months. The price per m² has had a considerable increase of 146 % 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 2 795,5 to R 4 092,5 during March, and April.
Based upon to the price in Groblersdal (cities & towns), this has gone downing the last 6 months. In our first sample month during November, the average price is R 2 667 917. In December This price remains at R 2 551 818. During the following two months (January, February) the average price had a considerable reduction of 83 % 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 2 382 571,25 and R 2 342 321,5 between March and April.