Quarterly Market Review: Atlantic Seaboard & Cape Town City Bowl 2025
Category Property Investment
Below are the 1st Quarter stats for Atlantic Seaboard and City Bowl sales for both Full Title and Sectional Title properties as taken from Propstats.
Some notable takeaways as follows when comparing 1st Quarter 2025 to last years 1st Quarter 2024:
Atlantic Seaboard
- Sectional Title sales increased by 12% with a Variance between Listing and Selling Price that has come down from -10,5% to -7,6%.
- Average Sale Price increased from R15m to R19m for Full Title and from R6,9m to R8m for Sectional Title confirming an increase in prices achieved
- Average number of days on the market down to 114 days for Full Title homes and down to 105 days for Sectional Title.
- The number of properties for sale is also down an average 25% from previous Quarter, an indication of continued constriction in available stock amidst increase demand
City Bowl
- Average Sale Price increased from R9,2m to R13,2m for Full Title and from R2,5m to R3,2m for Sectional Title confirming an increase in prices achieved
- Variance between the Listing Price and final Sale Price has decreased with Full Title variance at -7,9% and Sectional Title with a big difference of -12,1 % in 2024 down to -7,5% in 2025
- Average number of days on the market down 30% to an average of 76 days to sell for Sectional Title units
Market Summary
The first quarter of 2025 has shown encouraging signs of market strength across both the Atlantic Seaboard and City Bowl.
Improved sale prices, shorter time on market and narrowing gaps between listing and selling prices point to increased buyer confidence and healthy demand.
Notably, a reduction in available stock, particularly on the Atlantic Seaboard, continues to support price growth and underscores the competitiveness of well-priced, quality listings.
Overall the data reflects a more efficient, active marketplace compared to the same period last year.
If you'd like to discuss how these trends might impact your property-or are considering selling or renting your home-feel free to get in touch.
I'd be happy to provide a valuation or chat through your options.
Author: Cesar Alexandre
