Top number 4 July 2024 Property

Residential properties spend about three months – or an average of 92 days – on the market in South Africa’s five biggest metros. It’s an increase from the 69 days in 2015, according to a survey of estate agents by property analysts Lightstone.

Properties in Johannesburg spend an average of 28 days longer on the market than those in Cape Town (75 days). Lightstone says Cape Town’s market moves faster because of the increasing migration of professionals to the city.

🔗 Lightstone