Property prices for sale in Lichtenburg (North West)
The prices in real estate in Lichtenburg, in the North West region have had a strong fall in the last couple of months. The real estate prices for second hand homes have gone through a strong fall in this city.
The price per m² in Lichtenburg has had a strong decrease during the last 6 months. In November, the average price per m² was R 1 664. In the following month the price per m² decreased to R 1 485. The price for the following two months in (January, February) had a considerable decrease of 80 with regard to the prior two months. The price per m² has decreased 87 % 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 1 415,25 to R 1 236 during March, and April.
Based upon to the price in Lichtenburg (cities & towns), these have remained the same in the last 6 months. In our first sample month during November, the average price is R 1 621 737. In December This price remains at R 1 586 491. In the following two months the average price has remained the same with regard to the previous two months from R 1 604 114 to R 1 558 477. 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 1 581 295,5 and R 1 589 157,5 between March and April.
