The number of residential property sales in South Africa decreased for the second year in a row in 2020, reaching approximately 51,100 home sales. The strongest year for the housing market was 2018, when roughly 65,400 home sales took place. Over the whole observation period, properties in the luxury market segment of over 1.2 million South African rands comprised the largest share of transactions.
Number of residential property sales in South Africa from 2011 to 2020, by price range
(in 1,000s)
Characteristic
Under R300,000
R300,000 to R600,000
R600,000 to R900,000
R900,000 to R1.2m
Over R1.2m
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Centre for Affordable Housing Finance in Africa. (March 4, 2022). Number of residential property sales in South Africa from 2011 to 2020, by price range (in 1,000s) [Graph]. In Statista. Retrieved July 22, 2024, from https://www.statista.com/statistics/1330160/residential-transactions-by-price-range-south-africa/
Centre for Affordable Housing Finance in Africa. "Number of residential property sales in South Africa from 2011 to 2020, by price range (in 1,000s)." Chart. March 4, 2022. Statista. Accessed July 22, 2024. https://www.statista.com/statistics/1330160/residential-transactions-by-price-range-south-africa/
Centre for Affordable Housing Finance in Africa. (2022). Number of residential property sales in South Africa from 2011 to 2020, by price range (in 1,000s). Statista. Statista Inc.. Accessed: July 22, 2024. https://www.statista.com/statistics/1330160/residential-transactions-by-price-range-south-africa/
Centre for Affordable Housing Finance in Africa. "Number of Residential Property Sales in South Africa from 2011 to 2020, by Price Range (in 1,000s)." Statista, Statista Inc., 4 Mar 2022, https://www.statista.com/statistics/1330160/residential-transactions-by-price-range-south-africa/
Centre for Affordable Housing Finance in Africa, Number of residential property sales in South Africa from 2011 to 2020, by price range (in 1,000s) Statista, https://www.statista.com/statistics/1330160/residential-transactions-by-price-range-south-africa/ (last visited July 22, 2024)
Number of residential property sales in South Africa from 2011 to 2020, by price range (in 1,000s) [Graph], Centre for Affordable Housing Finance in Africa, March 4, 2022. [Online]. Available: https://www.statista.com/statistics/1330160/residential-transactions-by-price-range-south-africa/