Property prices for sale in Mangaung (Free State)
The prices in real estate in Mangaung, in the Free State 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 Mangaung has had a strong decrease during the last 6 months. In November, the average price per m² was R 11 436. In December this price pretty much remained the same at a value of R 11 436 per m². The price for the following two months in (January, February) had a considerable decrease of 51 with regard to the prior two months. 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 8 660,75 to R 9 069 during March y April
Based upon to the price in Mangaung (cities & towns), these have remained the same in the last 6 months. In our first sample month during November, the average price is R 1 983 193. In December This price remains at R 1 983 193. During the following two months (January, February) the average price fell 95 % with regard to the previous two months. Based on an analysis of the first four prices and the last two months the average price has gone up 107 % during the last two months.
