Wynberg Upper - Sectional Title Market Update | July 2025
Category Market Update
MARKET OVERVIEW
July saw the market condition, at play for the better part of this year, continue to define the marketplace.
Stock remains in very short supply, demand (if anything) has increased and we continue to achieve record sale prices as a result of this highly competitive arena.
Number of sales remain few in number - but the prices achieved for those that do come to market are out of kilter with any market of recent years.
If ever there was a time not to have your property assessed in terms of past sales performance at your sectional title block or estate, it is now.
Even the miserable winter, traditionally the 'off-season' in the sales calendar, has not dampened the appetite for buyers to acquire a property.
JULY SALES IN YOUR AREA.
Drawing on Propstats, the primary property-sale data base, no sectional title sales were recorded in Wynberg Upper during the month of July.
At present and according to Property24 there are 27 sectional title properties listed for sale in Wynberg Upper ranging in listing price from R1 000 000 - R3 500 000.
- 11 are under offer.
- Only one property has been required to reduce price.
______
Make sure to follow us on Facebook, Instagram, and LinkedIn for the latest tips and trends in the property industry, as well as some of the most relevant news about the area you call home.
Author: Sean Guy
