The prices in real estate in Saldanha, 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 Saldanha has fallen in the last 6 months. In October, the average price per m² was R 7 152. In the following month the price per m² increased to R 7 804. The price for the following two months in (December, January) decreased 89 % with regard to the prior two months. The price per m² has had a considerable deflation of 79 % 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 7 052 to R 5 588 during February, and March.
Based upon to the price in Saldanha (cities & towns), this has gone downing the last 6 months. The average price for October is R 1 996 500. During November the price had a slight fall till R 1 870 066. During the following two months (December, January) the average price fell 94 % 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 1 874 255,75 and R 1 917 587,5 between February and March.
The graph displaying the average price for bedrooms illustrates that those properties with 1 bedroom are the cheapest ones. At a price of R 1 913 652 they are 65 % more affordable than the average price for Saldanha. The properties with the highest average price have 4 bedrooms, Their price is 31 % more costly than the average. After that we have properties with 3 bedrooms priced at R 1 872 349.
With regard to the average price per m² , those properties with 4 bedrooms are the cheapest ones at a cost of R 4 225 / m², with an average R 5 346 / m² price in Saldanha. The properties with the highest average prices have 1 bedroom. They are 147 % more expensive than the average followed by properties with 2 bedrooms with a price at R 10 177 / m².
The graph displaying the average prices displays the property type "Flat" as the most affordable one. At an cost of R 1 913 652 it is 65 % cheaper than the average price in Saldanha. "Apartment" is seen as the second most affordable property type. The dearest property type is "House" followed by "Townhouse". At a price of R 1 328 439 it is 5 % more expensive than the average price.
According to the average cost per m², the cheapest property type is "House" at an average cost of R 5 004 / m² followed by "Apartment" priced at R 14 146 / m². "Townhouse" is the most costly type of property with a R 75 000 / m² cost followed by "Flat" with an average price of R 16 021 / m².