The prices in real estate in Riversdale, in the Western Cape region have had a minor fall in the last couple of months. The real estate prices for second hand homes have fallen in this city
The price per m² in Riversdale has fallen in the last 6 months. In November, the average price per m² was R 9 079. In the following month the price per m² increased to R 9 551. The price for the following two months in (January, February) had a considerable decrease of 83 with regard to the prior two months. The price per m² has barely changed in the last two months compared to the average price of the previous four months going from an average price of R 8 501,5 to R 8 224 during March y April
Based upon to the price in Riversdale (cities & towns), this has gone up in the last 6 months. The price in November is R 2 517 094, rising in December till R 2 790 998. During the following two months (January, February) the price has had an average incrementation from R 2 654 046 to R 2 839 166. During the last two months, the average price has reduced with regard to the previous ones. To be precise it has gone down 87 %, going from R 2 746 606 to R 2 399 687 in March and April.