Property prices for sale in Oranjeville (Free State)
The prices in real estate in Oranjeville, 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 Oranjeville has had a strong decrease during the last 6 months. In November, the average price per m² was R 3 950. In the following month the price per m² decreased considerably to R 1 924. The price for the following two months in (January, February) had a considerable decrease of 14 with regard to the prior two months. The price per m² has had a considerable deflation of 21 % 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 1 675,75 to R 349,5 during March, and April.
Based upon to the price in Oranjeville (cities & towns), this has fallen considerably in the last 6 months. The average price for November is R 4 178 462. During December the price had a slight fall till R 3 830 235. During the following two months (January, February) the average price had a considerable reduction of 51 % with regard to the previous two months. During the last two months the average price has had a strong fall compared to the previous four going from R 3 030 792 to R 1 275 833,5, which means a 42 % fall.
