The prices in real estate in Riebeeckstad, in the Free State region have had a minor rise in the last couple of months. The real estate prices for second hand homes have risen in this city.
The price per m² in Riebeeckstad has increased during the last 6 months. In November, the average price per m² was R 3 678. In December this price pretty much remained the same at a value of R 3 686 per m². In the following two months the price per m² has increased 112 %, going from R 3 682 to R 4 115 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 3 898,5 to R 4 259,5 during March, and April.
Based upon to the price in Riebeeckstad (cities & towns), this has gone downing the last 6 months. The average price for November is R 1 231 059. During December the price had a considerable reduction till R 1 045 875. 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 pretty much remained the same with regard to the previous average values going from an average value of R 1 081 713,25 and R 1 126 023 between March and April.