Cape Town’s iconic Atlantic seaboard houses sells for whopping R21.75bn this year
CAPE TOWN – Houses in Cape Town’s iconic Atlantic seaboard fetched a R21.75 billion in sales for the 12-months to end November with an average transaction value of R2.2 million.
Figures from real estate agencies across the country revealed that said the metro gained the highest prices paid for residential property in the country this year
The city was followed by Pretoria with sales topping R17bn and Sandton at R13.4bn, Johannesburg recorded R13bn worth of sales with a transactional value of R1.483m and Durban with R6.4bn.
Source: iol.co.za
