The prices in real estate in Sasolburg, in the Free State 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 Sasolburg has fallen in the last 6 months. In October, the average price per m² was R 5 996. In the following month the price per m² increased to R 6 643. The price for the following two months in (December, January) had a considerable decrease of 77 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 5 601,5 to R 5 825 during February y March
Based upon to the price in Sasolburg (cities & towns), this has gone up considerably in the last 6 months. The price in October is R 1 580 430, rising in November till R 1 724 345. During the following two months (December, January) the price has had an average incrementation from R 1 652 387,5 to R 1 751 111. Based on an analysis of the first four prices and the last two months the average price has risen strongly 214 % during the last two months.
The graph displaying the average price for bedrooms illustrates that those properties with 1 bedroom are the cheapest ones. At a price of R 3 157 000 they are 80 % more affordable than the average price for Sasolburg. The properties with the lowest average price have 4 bedrooms, Their price is 19 % cheaper than the average. After that we have properties with 3 bedrooms priced at R 1 267 410.
With regard to the average price per m² , those properties with 3 bedrooms are the cheapest ones at a cost of R 4 150 / m², with an average R 4 884 / m² price in Sasolburg. The properties with the highest average prices have 1 bedroom. They are 109 % 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 "Land" as the most affordable one. At an cost of R 3 157 000 it is 79 % cheaper than the average price in Sasolburg. "Apartment" is seen as the second most affordable property type. The dearest property type is "Commercial" followed by "House". At a price of R 1 904 755 it is 6196 % more expensive than the average price.
According to the average cost per m², the most expensive property type would be "House" at an average cost of R 5 167 / m² followed by "Townhouse" priced at R 7 416 / m². "Commercial" is the most costly type of property with a R 198 777 407 / m² cost followed by "Flat" with an average price of R 945 916 / m².