The prices in real estate in Vosloorus, in the Gauteng 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 Vosloorus has remained the same in the last 6 months. In November, the average price per m² was R 2 663. In December this price pretty much remained the same at a value of R 2 651 per m². In the following two months the price per m² has increased 114 %, going from R 2 657 to R 3 035,5 per m². The price per m² has decreased 87 % 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 2 846,25 to R 2 479,5 during March, and April.
Based upon to the price in Vosloorus (cities & towns), this has gone downing the last 6 months. In our first sample month during November, the average price is R 823 292. In December This price remains at R 809 333. In the following two months the average price has remained the same with regard to the previous two months from R 816 312,5 to R 798 888,5. During the last two months the average price has had a strong fall compared to the previous four going from R 807 600,5 to R 644 457,5, which means a 80 % fall.
The graph displaying the average price for bedrooms illustrates that those properties with 1 bedroom are the cheapest ones. At a price of R 638 765 they are 38 % more affordable than the average price for Vosloorus. Based on the bedrooms values, properties with the highest prices are those with 3 bedrooms. They are 37 % more expensive than the average aforementioned.
With regard to the average price per m² , those properties with 3 bedrooms are the most costly ones at a cost of R 3 161 / m², with an average R 2 511 / m² price in Vosloorus. Properties with the most expensive price based upon to the number of bedrooms / m² are those with 1 bedroom. They are 274 % more costly than the average value aforementioned.