The prices in real estate in Wolmaransstad, in the North West region have had a strong rise in the last couple of months. The real estate prices for second hand homes have gone through a strong increase in this city.
The price per m² in Wolmaransstad has increased strongly during the last 6 months. In November, the average price per m² was . In the following month the price per m² increased considerably to R 514. The price for the following two months in (January, February) had a considerable increment of 247 %. The price per m² has had a considerable increase of 241 % 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 445,75 to R 1 072,5 during March, and April.
Based upon to the price in Wolmaransstad (cities & towns), this has gone up considerably in the last 6 months. The average price during our first sample month during November, is . During December the price went through a considerable rise reaching R 801 000. During the following two months (January, February) the average price had a considerable increase of 332 % with regard to the previous two months. Based on an analysis of the first four prices and the last two months the average price has risen strongly 147 % during the last two months.