Newlands Midyear Property Snapshot

Some important info regarding figures at the moment :

The average number of days that the properties were on the market has more than doubled.   Jan to July 2019 = 92 days;  Jan to July 2020 = 209.
Figures are all affected by the Cape Town Deeds Office being closed for some while.

Fernwood figures have been excluded as no sales have been recorded yet, as a result of the Cape Town Deeds Office being closed due to the COVID 19 lockdown.

The Deeds Office has reopened and transfers are starting to trickle through.

Should you wish to have an updated valuation, Sally and Lynne would love to assist you.

Leave a Reply

Your email address will not be published. Required fields are marked *

Related Posts