Median price for residential houses in Cape Town, South Africa as of Jan, 2023.
Take into account that the price depends on the location and condition of the house. The size and amenities might have a large influence on the asking price as well.
House Size | Jan | vs Last Month |
---|---|---|
1-bed houses | ZAR 3,615,000 | +49.6% |
2-bed houses | ZAR 2,822,725 | +7.7% |
3-bed houses | ZAR 4,496,198 | -14.9% |
4+ bed houses | ZAR 12,668,669 | -0.3% |
Over the Jan 2023, the average asking price for a single-family house in/near Cape Town, South Africa decreased by 5.7% to ZAR 8,124,663.
The average cost of a 1-bed house increases by 49.6%, so the asking price starts at ZAR 3,615,000. The price for 2-bed house jumped by an average 7.7%, it is now on the market for ZAR 2,822,725. The average price for 3-bed house reduced by 14.9% producing the price of ZAR 4,496,198. The median price for 4- and more bed house dropped by 0.3% making it obtainable for ZAR 12,668,669.