Let’s consider how the overall Randburg property prices are looking going into 2023. P24 provides publically information which we have drawn on to make the point here about setting the right price when you sell a property in Randburg.
Unit sales in Randburg over The Last 3-Years
The trend is upward and it keeps going up. Loads of new buyers are moving into the area. And it is positive. We will also consider the difference between the asking price and the sales price. It’s important to note who sets the tone. It’s not us as agents or our sellers, it’s our buyers. Buyers decide on the price when a property is sold.
- There were a total of 8,542 property sales in 2022. That’s a lot of property sales to consider and a fair sample if you are considering the info provided below.
Now Let’s Look at the Sales Prices in Randburg Over the Last 3-Years
Look at the Original Asking Prices for Randburg
I will outline below what the overall drop between Asking Price and Sales Price was over a 3-year period. Getting to my point but keep going.
Consider the Actual Drop in Value at the Sale
The trend is still going up and it is high. The difference between the sales price and the asking price, for the whole of Randburg dropped by R384,000 as an average. This shows seller sentiment was bullish. Also shows a different sentiment from buyers. The differential between the asking price and the actual sold price is still quite high. We are all going hard to help sell as quickly as possible. But the reality is that if you price it wrong it takes long. If you price it right it sells overnight. Overnight and quick but for the best price possible in the current market is what we are all after.
Consider The Drop As A Percentage
In other words how much did, on average, the asking price drop between a property going on the market and actually achieving a sold price? The percentage is quite significant. Buyers are still in charge and they are the ones that set the pace in terms of the sold price.
Need To Reach Out If You Are In The Market To Sell Your Property In Randburg
We have a top team of solid performers in your area. We are qualified and fully accredited. We have access to the right tools and we price properties correctly. If you have a ‘number’ in mind we will do our best but listing at the wrong price is just that, wrong. We all have a journey in life and we understand life gets hectic, But I want to repeat, if you price it right it sells overnight. If you price it wrong it takes long.
Let’s Look At Some Content We Have Already Shared To Shine A Light For You
- We have already covered who we are. Meet our Team at Keller Williams Select.
- We have already covered why Keller Williams is Number 1 in Real Estate disruption.
- We have covered what an accurate property valuation entails.
- We have covered why it is so important to list your property at the right price.
- We have covered how we will market your property.
- Already provided are the different mandates you can consider and their merit.
- We have covered the seller costs involved when you sell a property in Randburg.
- Now let’s set you up to book a valuation if you are interested in a realistic and accurate valuation to help you sell.
Why choose Keller Williams Select when you sell in Randburg
As a brand, Keller Williams is big, Globally. In fact, we are the largest real estate brand in the world that has been in operation for over 40 years. In SA we are 8 years old but growing daily by the dozens across SA.
- We are also the biggest real estate brand in the world.
- We have won awards for having the happiest agents.
- We have won awards for the best company to work for. And being happy is important because Sales in any industry are all about transferring energy from 1 person to another. Transferring energy is what we do. Our world-class technology and sharing culture is what sets us apart to create win-win solutions for all our stakeholders. We are the Tribe with Vibe and we have super agents in Jhb, Randburg, Sandton, and all over South Africa.
