If you are looking for the latest property prices or trends for the Randpark Ridge, Randburg property market as well as the latest comparable sales prices in Randpark Ridge you have come to the right place. All here in 1 little package. Follow this blog to find out more about the Randpark Ridge Randburg property trends and latest sales prices.
Freestanding house – Randpark Ridge Sold Prices At A Glance
Firstly Let’s Deliver – What are the latest property prices for Randpark Ridge, Randburg? The latest Randpark Ridge property growth is still positive. Growth of the Randpark Ridge property market has recently been tempered with a current buyer’s market in play, but with opportunities in mind. For more about the buyer’s market, click here. As you will see, below, the average sales price for a freestanding or freehold Randpark Ridge, Randburg property as of Sept 2023 is noted at R2,257,000. Remember this is a broad average so there will be some outliers in the price bracket of R1,5m – R3m and certainly in the R3m+ bracket.
Sold Prices For Sectional Title Units Randpark Ridge
Let’s consider the Randburg Randpark Ridge Estate Freehold and Sectional Title property prices from Lightstone. 217 Randpark Ridge Estate Freehold and Sectional title properties have been sold in the last 12 months. The average sale for Estate Freehold is noted at R1,837,000. Sectional Title average property prices is noted at R1,161,000.
Randpark Ridge Property Sales Price to Asking Price Trends
Using a different source for my information, this time looking at P24, here is how sales prices to asking prices are looking. Do you see how the Red line is going down? That’s the asking price coming down in a buyer’s market. But see how the average sales price is going up. That’s still growth but in a tough Randpark Ridge, Randburg property market conditions. This is a completely normal trend in a buyer’s market and we call it a price correction, which is possibly due to inflationary and economic pressures.
Need a Randpark Ridge, Randburg Property Valuation?
Click here to schedule a Randpark Ridge, Randburg property valuation. Or call Sandy on 083 550 1220 and we can schedule a time to meet. I would love the opportunity to provide you with a Randpark Ridge, property valuation. I will share all I know about the current Randpark Ridge property market and how to create win-win solutions in Robindale and nearby neighbouring suburbs like Robindale, Linden, Randpark, Bromhof and Boskruin to name a few. If you have friends or family members wanting to move to Randburg, Randpark Ridge which is such a lovely area, click here to view all the dream homes I have access to. And I have quite a few more coming, very soon.