For many of us, our homes represent our most significant asset. We can analyze the sales data from 2023 and compare it to year-to-date figures for 2024 in several suburbs. This analysis will provide you with valuable insights into your home's current market value. Recent data from CMA reveals notable trends that could affect both homeowners and prospective buyers.
Let’s take Pinehurst as an example. In 2023, a total of 218 properties were sold in Pinehurst, with an average selling price of R3.14 million. Fast forward to 2024, and we’ve seen 99 properties sold so far, with the average selling price rising to R3.31 million.
This upward trend in property values indicates a thriving market, reflecting increased demand and confidence in the Pinehurst area. Whether you're thinking about selling your home or simply want to know its current value, understanding these dynamics is essential.
Are you interested in finding out how much your home is worth now? We’d be happy to provide you with a FREE valuation—no strings attached! Our team is here to offer insights tailored to your property and the current market conditions. Reach out today and take the first step toward maximizing your real estate investment!
As a bonus, in celebration of our 60 years of success, you could win R1 million when SEEFF sells your home! Visit seeff.com to enter or contact your SEEFF agent for more details. Call us on 021 913 4662 or email us at durbanville@seeff.com