The prices in real estate in Stilbaai, in the Western Cape region have remained the same in the last couple of months. The real estate prices for second hand homes have remained in this city.
The price per m² in Stilbaai has remained the same in the last 6 months. In November, the average price per m² was R 17 397. In December this price pretty much remained the same at a value of R 17 399 per m². In the following two months the price per m² has increased 109 %, going from R 17 398 to R 18 915 per m². 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 18 156,5 to R 17 494 during March y April
Based upon to the price in Stilbaai (cities & towns), these have remained the same in the last 6 months. In our first sample month during November, the average price is R 4 289 950. In December This price remains at R 4 099 313. In the following two months the average price has remained the same with regard to the previous two months from R 4 194 631,5 to R 4 238 388. Based on an analysis of the first four prices and the last two months the average price has gone up 108 % during the last two months.