The prices in real estate in Villiersdorp, in the Western Cape region have had a strong fall in the last couple of months. The real estate prices for second hand homes have gone through a strong fall in this city.
The price per m² in Villiersdorp has had a strong decrease during the last 6 months. In November, the average price per m² was R 6 534. In December this price pretty much remained the same at a value of R 6 255 per m². The price for the following two months in (January, February) had a considerable decrease of 80 with regard to the prior two months. The price per m² has had a considerable deflation of 62 % 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 5 754 to R 3 587,5 during March, and April.
Based upon to the price in Villiersdorp (cities & towns), this has gone up in the last 6 months. The price in November is R 2 143 423, rising in December till R 2 282 000. During the following two months (January, February) the price has had an average incrementation from R 2 212 711,5 to R 2 362 358. 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 2 287 534,75 and R 2 301 948 between March and April.
The graph showing the average price for bedrooms displays the property with the most expensive price has 1 bedroom. It is 7 % more costly than the average price of R 2 527 488 in Villiersdorp. Based on the bedrooms values, properties with the highest prices are those with 1 bedroom. They are 7 % more expensive than the average aforementioned.
With regard to the average prices per m² those properties with 1 bedroom are 71157 % more costly than the average price of (R 2 527 488 / m²) in Villiersdorp. Properties with the most expensive price based upon to the number of bedrooms / m² are those with 1 bedroom. They are 71157 % more costly than the average value aforementioned.