The prices in real estate in Swellendam, 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 Swellendam has remained the same in the last 6 months. In November, the average price per m² was R 9 356. In the following month the price per m² decreased considerably to R 7 450. In the following two months the price per m² has barely changed, going from R 8 403 to R 8 664 per m². The price per m² has had a considerable increase of 117 % 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 8 533,5 to R 9 960,5 during March, and April.
Based upon to the price in Swellendam (cities & towns), this has gone up in the last 6 months. In our first sample month during November, the average price is R 3 085 450. In December This price remains at R 3 069 903. During the following two months (January, February) the price has had an average incrementation from R 3 077 676,5 to R 3 277 153. 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.
The graph showing the average price for bedrooms displays the property with the lowest price has 1 bedroom. It is 49 % cheaper than the average price of R 1 749 464 in Swellendam. Based on the bedrooms values, properties with the lowest prices are those with 1 bedroom. They are 49 % more affordable than the average aforementioned.
With regard to the average prices per m² those properties with 1 bedroom are 90 % more costly than the average price of (R 20 692 / m²) in Swellendam. Properties with the most expensive price based upon to the number of bedrooms / m² are those with 1 bedroom. They are 90 % more costly than the average value aforementioned.