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Apartment Prices From January Thru March 2008


This chart based on Steven Delit's research shows the average prices paid for Apartments along the Atlantic Seaboard from January Thru March 2008.

 

Apartment Averages Selling Prices January Thru March 2008\
Area Number of Bedrooms 
  Bachelor One Two 3 and More
3 Anchor Bay                     -                   1,060,000            1,868,000         3,433,333
Bantry Bay             754,000                 1,500,000            5,500,000         7,500,000
Camps Bay                     -                   2,010,000            3,250,000         9,350,000
Clifton          1,540,000                 6,250,000            9,950,000       21,470,833
Fresnaye                     -                   1,200,000            2,270,000         9,000,000
Granger Bay                               -              7,383,000                    -  
Green Point             785,000                 1,176,250            1,629,500         2,675,000
Mouille Point             650,000                 1,292,520            4,000,000       10,562,500
Sea Point             646,500                    930,313            1,781,957         3,557,500
V& A Marina                     -                   6,506,000            9,350,000         8,900,000
Average              731,933                 1,574,576            2,964,615         9,368,571

 

This chart which Steven Delit prepared shows the price paid by Square Metre for Apartments sold from January thru March 2008.  So if an average two bedroom apartment is sold of 100 square metres in Sea Point during the first quarter of 2008, it would have sold for 1,690,000.  (100 multiplied by R16,900) 

 

Apartment Average Selling Price Per Square Metre for January Thru March 2008
Area Number of Bedrooms    
  Bachelor One Two Three or  M ore
3 Anchor Bay -                      14,846                 18,918             18,387
Bantry Bay               26,000                      24,751                 57,895             46,012
Camps Bay                     -                        29,559                 25,000             25,544
Clifton               39,487                      57,339                 59,710             56,979
Fresnaye                     -                        25,000                 22,000             21,784
Granger Bay                     -                               -                   65,804                    -  
Green Point               18,468                      17,242                 16,382             13,848
Mouille Point               18,570                      19,375                 20,532            334,441
Sea Point               15,061                      16,679                 16,900             17,232
V& A Marina                     -                        54,217                 47,536             55,625
Average                18,107                      21,466                 24,709             31,014

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