The prices in real estate in Langebaan, in the Western Cape region have remained the same in the last couple of months. The real estate prices for second hand homes have remained in this city.
The price per m² in Langebaan has remained the same in the last 6 months. In September, the average price per m² was R 16 257. In October this price pretty much remained the same at a value of R 16 758 per m². In the following two months the price per m² has barely changed, going from R 16 507,5 to R 16 192 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 16 349,75 to R 16 549 during January y February
Based upon to the price in Langebaan (cities & towns), these have remained the same in the last 6 months. In our first sample month during September, the average price is R 3 524 713. In October This price remains at R 3 569 350. In the following two months the average price has remained the same with regard to the previous two months from R 3 547 031,5 to R 3 556 369. 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 3 551 700,25 and R 3 710 637,5 between January and February.
The graph displaying the average price for bedrooms illustrates that those properties with 1 bedroom are the cheapest ones. At a price of R 3 705 900 they are 69 % more affordable than the average price for Langebaan. The properties with the highest average price have 4 bedrooms, Their price is 24 % more costly than the average. After that we have properties with 3 bedrooms priced at R 3 447 731.
With regard to the average price per m² , those properties with 4 bedrooms are the cheapest ones at a cost of R 9 127 / m², with an average R 17 086 / m² price in Langebaan. The properties with the highest average prices have 1 bedroom. They are 42 % more expensive than the average followed by properties with 2 bedrooms with a price at R 16 744 / m².
The graph displaying the average prices displays the property type "Land" as the most affordable one. At an cost of R 3 705 900 it is 70 % cheaper than the average price in Langebaan. "Flat" is seen as the second most affordable property type. The dearest property type is "Farm" followed by "House". At a price of R 4 114 138 it is 23 % more expensive than the average price.
According to the average cost per m², the cheapest property type is "House" at an average cost of R 15 341 / m² followed by "Townhouse" priced at R 15 390 / m². "Farm" is the most costly type of property with a R 2 500 988 / m² cost followed by "Land" with an average price of R 1 095 453 / m².