Property prices for sale in Postmasburg (Northern Cape)
The prices in real estate in Postmasburg, 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 Postmasburg has increased strongly during the last 6 months. In November, the average price per m² was R 4 083. In December this price pretty much remained the same at a value of R 3 958 per m². In the following two months the price per m² has increased 107 %, going from R 4 020,5 to R 4 290 per m². The price per m² has had a considerable increase of 171 % 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 4 155,25 to R 7 123 during March, and April.
Based upon to the price in Postmasburg (cities & towns), this has fallen considerably in the last 6 months. The average price for November is R 2 714 286. During December the price had a considerable reduction till R 2 118 000. During the following two months (January, February) the average price had a considerable reduction of 75 % 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 risen strongly 130 % during the last two months.
