The average price in the Free State region has had a slight increase in recent months. There has been an inflation in the prices in this region.
The price per m² in Free State has increased in the last 6 months. During September, the average price per m² was R 7 768. The following month (October) the price increased to R 8 208 per m². The following two months (November, December) went through an increase of 108 % in the price per m² rising from R 7 988 to R 8 656,5 per m². In the last two months, the price has stayed the same with regard to the average value for the last 4 months going from an average price per m² of R 8 322,25 to R 8 710,5 during January and February.
Based upon to the price in Free State (region), this has decreased in the last 6 months. September has an average price of R 1 558 745. During October the price had a slight deflation till R 1 411 188. In the following two months the average price didn't change much compared to the previous two going from R 1 484 966,5 to R 1 480 764. During the last two months the price has reduced 91 % compared to the previous average values going from R 1 482 865,25 a R 1 350 373,5 in January and February.
The graph displaying the the average price per number of bedrooms shows that those with 1 bedroom are the cheapest ones. They are 66 % more affordable than the average price in Free State followed by those with 2 with an average price of R 740 338. The most costly properties have 4 bedrooms. They are 53 % more expensive than the average followed by those properties with 3 bedrooms priced at R 1 246 688.
Based on the average price per m² those properties with 4 bedrooms are the cheapest ones with a price of R 6 414 / m² being R 8 796 / m² the average value within the Free State region. The properties with the most expensive average price are those with 1 bedroom. These are 61 % more costly than the average followed by those with 2 bedrooms with a price of R 11 181 / m².
The graph displaying the average price according to the property type shows "Apartment" as the cheapest one. With an average cost of R 1 350 647 it is 59 % more affordable than the average in Free State. This is followed by "Townhouse" with a price of R 1 125 665. The dearest property type is "Farm" and is 556 % more expensive than the average, followed by "Commercial" with a cost of R 5 975 007.
Based on the average cost per m² the cheapest property type is "Land with a an average cost of R 43 / m², followed by "Commercial" with a price of R 4 599 / m². "Farm" with an average price of R 13 196 / m² is the most costly type of property followed by "Apartment" at a price of R 12 208 / m².