Property prices for sale in Olifantshoek (Northern Cape)
The prices in real estate in Olifantshoek, in the Northern Cape region have had a strong rise in the last couple of months. The real estate prices for second hand homes have gone through a strong increase in this city.
The price per m² in Olifantshoek has increased strongly during the last 6 months. In November, the average price per m² was . In the following month the price per m² increased considerably to R 1 265. The price for the following two months in (January, February) decreased 88 % with regard to the prior two months. The price per m² has had a considerable deflation of 0 % 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 595 to during March, and April.
Based upon to the price in Olifantshoek (cities & towns), this has gone up considerably in the last 6 months. The average price during our first sample month during November, is . During December the price went through a considerable rise reaching R 1 361 667. During the following two months (January, February) the price has had an average incrementation from R 680 833,5 to R 723 333,5. During the last two months the average price has had a strong fall compared to the previous four going from R 702 083,5 to , which means a 0 % fall.
