South African Property Valuations

20/04/2026

And Plett's property boom continues...

https://www.sapv.co.za/plettenberg-bay-property-statistics-march-2026/

24/12/2024

The Plettenberg Bay property market is still booming.

https://www.sapv.co.za/plettenberg-bay-property-statistics-december-2024/

12/12/2023

Average prices increased dramatically while sales volumes plummeted. https://www.sapv.co.za/plettenberg-bay-property-statistics-december-2023/

20/04/2023

Plett's property market is still booming:

Most recent property market overview of Plettenberg Bay and surrounds. Real estate statistics for the Bitou Municipal area.

22/07/2022

Plettenberg Bay’s property market is booming and has set a number of new records for the popular coastal resort town: the total value broke the R2billion mark for the first time in history in 2021 (a whopping 82% up on 2020), the number of sales increased by 44% and average prices increased by 26%. After a slow start, due to the recession and then the Covid-19 lockdown, 2020 turned out to be a good year for property in Plett but 2021 blew it out of the water.

The average value for a property in Plett increased by 7% from 2019 to 2020, then the dramatic 26% in 2021 to R3,08million, and a further 2.4% in 2022 to date. From 2019 to 2020 the number of sales increased by 27% to 454, and then a further 44% in 2021 to 654. The total value increased by 36% in 2020 to R1,1billion and a further massive 82% in 2021 to just over R2billion.

Most recent property market overview of Plettenberg Bay and surrounds. Real estate statistics for the Bitou Municipal area.

21/09/2021

Plett Property Market Review 2021-09-16

Plettenberg Bay’s property market is still booming with high demand for houses and semigration driving the increases. Record sales have been recorded since the lifting of the Covid-19 lockdown on 1 June 2020. After a slow start due to the recession 2020 turned out to be a good year for property in Plett, but 2021 is set to be the best year to date by far.

Though many sales will still occur and many that have sold still need to register which will change the statistics, and 2019 was at a low base, it is already clear that there have been dramatic increases in value. For the property market as a whole, the average value increased by 9% from 2019 to 2020 and then a dramatic 38% in 2021 to R3,4million. From 2019 to 2020 the number of sales increased by 20% to 418, and the total value increased by 30% to R1,058billion.

For full title property, there was only a 2.3% increase in average value from 2019 to 2020, but then a huge increase of 43% to R3,9million. From 2019 to 2020 the number of sales increased by 33% to 315, and the total value increased by 37% to R857million (2021 is already at R905million and climbing).

Sectional title properties may not be performing as well as full title but are still doing quite well, with an increase in average value of 17% from 2019 to 2020 and 8% in 2021. Interestingly, the number of sales declined by 7% from 2019 to 2020 as the total value increased by 9% to a little over R200million...

For the full article click here:
https://www.sapv.co.za/plettenberg-bay-property-statistics-16-09-2021/

29/04/2021

Plett’s property market is booming.

Most recent property market overview of Plettenberg Bay and surrounds.

20/08/2020

Plett Property Market Review 2020-08-12 Record sales are being recorded in residential property sales in Plettenberg Bay since the hard Covid-19 lockdown moved to the less strenuous level 3 on 1 Ju…

22/01/2020

Interesting concept:

Academics from Europe explore living fungus' potential as a raw material for futuristic, eco-friendly "monolithic structures."

12/11/2019

Plett Property Review:

Plett Property Market Review 2019-11-11 Selling prices are under pressure even though average residential property prices have remained unchanged because the number of sales has steadily declined o…

22/01/2019

Plettenberg Bay 2018 Property Market Review.

Plett Property Market Review 2018-05-22 Property in Plettenberg Bay is chalking up record performances. Sotheby’s International Realty Plettenberg Bay has recorded an increase of 60% for the …