Average price trends
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Market status in Cape Town
Our catalog on Ananzi.co.za offers a comprehensive overview of the real estate sales market status in Cape Town (Western Cape, South Africa), showcasing the latest trends and offerings. The city features various dwelling types, with House leading with an average price of R 4.9 million ZAR, an average size of 264 m², and representing 55.7% of listings. Apartment follow with an average price of R 4.9 million ZAR, an average size of 264 m², and 33.4% of listings. Vacant Land make up 6.2% of listings, with an average price of R 4.4 million ZAR and an average size of 375 m².
Nearby cities for commuters
Exploring alternatives to Cape Town unveils Stellenbosch, Paarl, and Hermanus, each promising a unique mix of proximity and more affordable living compared to Cape Town.
Stellenbosch, a short hop from Cape Town, is notable for its lower average real estate price of R 5.5 million ZAR. The commute in Stellenbosch is diverse, featuring a 50 km, 45-minute trip by car, and a 50 km, 60-minute journey by public transport.
Paarl, nestled 60 km away by car from Cape Town, showcases homes at an inviting average price of R 8 million ZAR. Connectivity flourishes in Paarl with a 60 km, 70-minute ride via public transport, and a 60 km, 240-minute trip by bike.
Lastly, Hermanus, offering a captivating average property price of R 5 million ZAR, lies just 121 km from Cape Town by car. The commuting scene in Hermanus is versatile, with a 121 km, 420-minute commute via bike, and a 121 km, 120-minute route by public transport.
Each Cape Town alternative enriches the quest for those looking to stay close to Cape Town while finding a home that suits their budget and lifestyle needs, complete with varied commuting options to ensure easy access to and from Cape Town.
