Bromhof Property Valuation & Price Update (June 2023)

Bromhof property price update to June 2023

Need to know how Bromhof Property Prices are faring in the current property market. Well actually. The trend is extremely positive. In 2020 the average sales price was sitting at R1,192,000 and in 2023 the average sales price for mid-year is sitting at R1,277,500. Even though we are only halfway through the year the growth on last year for Bromhof property prices has increased very nicely indeed.

There are 120 Bromhof Properties On The Market At The Moment

There are 120 Bromhof properties on the market in Bromhof at the moment.  This represents a mere 5.32% churn in the area which is very low. But listing a property in the Winter months ensures that you are competing with fewer properties than say the summer months. The academic year for schools in the area which makes Bromhof a stunning area to live in is only 6 months away. New families are moving into the area and some of our older residents are moving out.

But, List At The Right Price And It Sells Overnight

But price it wrong and it takes long….. At KW Select we pride ourselves on protecting the equity that has built up in your property over time. We are extremely strong with our pricing at KW Select and we price properties so that you are able to reap the rewards when you sell.  Bromhof properties are still highly sought after.

Let’s look at the sales prices from Bromhof to June 2023 and going back 4 years

The graph below shows the Bromhof property price growth over the last 4 years.

Bromhof Is Only Showing A Narrow Little 5% Drop Between The Asking Price And the Sales Price

That’s a narrow 5%. That means 2 things. Demand is high. But also the pricing in the area is correct. Book your property valuation with an agent from KW Select that knows how to sell. KW Select also sells faster but that’s because of our great Agents and also the technology that we leverage as a member of the largest real estate brand on the planet, Keller Williams. Click here to view.

Partner With Great Estate Agents In Bromhof

When you partner with a great Agent in Bromhof, know that the team that holds the most stock in the market also have access to the most buyers in the area that have decided they want to live in Bromhof for their very own reasons. Click here to book your property valuation. Bank on the Best with KW Select. Get your property sold and get the best price possible in the current market.