Let’s consider as we close off a tough year, no tough 2,5 years just getting through COVID and the turmoil that SA currently faces, load shedding, storms and all, what the property prices in Roodepoort look like. The market is still solid. If, and if it’s price right for the current market.
How many properties have been transferred so far in 2022
These numbers reflect property transfers over the last 12 months. To date, there have been 5,442 property transfers in the greater Roodepoort area.
Let’s look at property sales in Roodepoort by property type:
- Estate Freehold there have been 358 property transfers in the last 12 months.
- Estate schemes have seen 265 property transfers in the last 12 months.
- Freehold property sales is standing at 1,851 for the last 12 months.
- Sectional Title units in Randburg have seen 2,968 property transfers in the last 12 months.
Total Values of Randburg property sales by property type in 2022.
Again, these numbers only show transferred prices over the last 12 months for Roodepoort. These are the prices that buyers have paid for properties where property transfers have been concluded. The total value of all transferred property sales in the greater Roodepoort area amounts to a staggering R6,991,083,000.
Let’s look at the values of concluded sales transactions by property type for Roodepoort:
- Estate Freehold total transfer values over the last 12 months are noted at R1,113,085,000. And this across 358 property transfers highlights a total average sales price of R3,109,176.
- Estate Schemes notes a total transfer value of R431,381,000 in the last 12 months across 265 transfers. The absolute average sales price is noted at R1,627,853.
- Freehold properties over the last 12 months show total transfer values of R2,963,190,000. Across the 1,851 transfers, the absolutely average sales price is noted at R1,586,272.
- Sectional Title units show total transfer values for the last 12 months as R6,991,083,000. Across the 2,968 transfers, the absolute average sales price is therefore noted at R1,284,653.
Reach out today and see what your biggest asset is worth in the current market
Absolute averages though for Randburg do not account for your unique property. Absolute averages will not sell your property either. Trust me every property is different. If you would like to know what the current value of your biggest asset is let us know.
As we all rush through the last month of the year and we are all pushing hard to finish up, for a hard year to say the least. Take a moment to consider how your biggest asset is worth. Our Keller Williams Select agents are the best and we really do sell properties faster because of our global award-winning culture and also technology.
Keller Williams is the biggest and we are the best. And that’s globally. And, Keller Williams is a top 100 company to work for. So, it is with confidence that I say we have the tools, the technology and the passion to sell faster than anyone out there.
Reach out today via our website for more information. Request a valuation and that’s it. Let us help you appraise the value of your biggest asset. Click here to get your free property valuation.
