Property prices for sale in St Michaels on Sea (Kwazulu-natal)

The price per m² in St Michaels on Sea has had a strong decrease during the last 6 months. In November, the average price per m² was R 2 414. In the following month the price per m² decreased considerably to R 1 396. The price for the following two months in (January, February) had a considerable decrease of 78 with regard to the prior two months. The price per m² has had a considerable increase of 159 % 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 1 695,25 to R 2 698 during March, and April.

Based upon to the price in St Michaels on Sea (cities & towns), this has gone up considerably in the last 6 months. In our first sample month during November, the average price is R 1 403 500. In December This price remains at R 1 387 161. During the following two months (January, February) the average price had a considerable increase of 168 % with regard to the previous two months. During the last two months the average price has had a strong fall compared to the previous four going from R 1 867 528 to R 1 496 744,5, which means a 80 % fall.