The prices in real estate in Pringle Bay, in the Western Cape 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 Pringle Bay has remained the same in the last 6 months. In November, the average price per m² was R 12 249. In the following month the price per m² decreased to R 11 324. In the following two months the price per m² has increased 105 %, going from R 11 786,5 to R 12 393,5 per m². The price per m² has increased 109 % 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 12 090 to R 13 213,5 during March, and April.
Based upon to the price in Pringle Bay (cities & towns), this has gone downing the last 6 months. In our first sample month during November, the average price is R 3 968 444. In December This price remains at R 3 876 778. During the following two months (January, February) the average price fell 90 % with regard to the previous two months. During the last two months, the average price has reduced with regard to the previous ones. To be precise it has gone down 95 %, going from R 3 721 341,5 to R 3 533 039,5 in March and April.