The prices in real estate in Mookgopong, in the Limpopo 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 Mookgopong has remained the same in the last 6 months. In November, the average price per m² was R 6 000. In the following month the price per m² decreased to R 5 211. The price for the following two months in (January, February) had a considerable decrease of 85 with regard to the prior two months. The price per m² has had a considerable increase of 137 % 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 5 181,75 to R 7 108 during March, and April.
Based upon to the price in Mookgopong (cities & towns), these have remained the same in the last 6 months. In our first sample month during November, the average price is R 1 434 907. In December This price remains at R 1 363 750. In the following two months the average price has remained the same with regard to the previous two months from R 1 399 328,5 to R 1 376 047,5. Based on an analysis of the first four prices and the last two months the average price has gone up 111 % during the last two months.