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Here is your FREE Fourways Property update for June 2022, from Lightstone.  I have combined all the Fourways areas including Fourways proper, Fourways Gardens, Fourways Extension 22, 33 and 40.  If you would like to see separate reports, let us know and we will send you a copy, click here.  Here we give you high-level numbers showing how prices vary in Fourways according to property type.  This recent market activity is for the period of May 2021 to May 2022. 

How are the Fourways properties spread by property type

From the highest to the lowest, by percentage in Fourways, we will outline how the property market is spread by property type:

Freehold Properties in an Estate in Fourways show a total of 1,695 which makes up a total of 46,41% of all Fourways properties.
Sectional Title Units in Fourways and there are a total of 917 which makes up 25,11% of all the Fourways properties.
Sectional Title Units in Estates in Fourways, and there are 782 registered properties.  This makes up 21,41% of all the properties in Fourways.
Freehold Properties in Fourways shows a total of 258 registered properties.  This makes up a total of 7,06% of all Fourways properties.

Freehold Properties in Estates in Fourways

The largest portion or section of property ownership in Fourways is that of Estate Freehold properties.  There have been 75 recorded property transfers in the area.  Total sales value over 12 months is noted at R481,379,000.  Those are big numbers Fourways.  And, in conclusion, the absolute average sales price across all these 19 sales is noted at R3,679,649.

Sectional Title Property Values in Fourways

The second-largest group of property ownership in Fourways is that of Sectional Title Properties.  There are 75 recorded transfers over the last 12 months in Fourways.  The total transferred property value for the area is noted at R84,334,000.  In summary, the absolute average sales price for sectional title properties in Fourways is noted at R1,124,453.

Sectional Title in Estates in Fourways

The third-largest group of property ownership in Fourways is that of Sectional Title Properties.  There are 21 recorded transfers over the last 12 months in Fourways.  The total transferred property value for the area is noted at R38,215,000.  In summary, the absolute average sales price for sectional title properties in Fourways is noted at R1,819,762.

Fourways Freehold Property Prices

The smallest portion of property ownership in Fourways is Freehold property.  In the last 12 months, there have been 12 property transfers in the area.  The total transactional value is an astounding R31,625,000.  And the absolute average sales price for a freestanding property in Fourways is R2,635,417.

Need a more granular view of what your Fourways property is worth?

Just reach out and let us prepare a free property valuation.  Remember your Fourways property valuation is always free.  We will provide you with recent Fourways sales activity for the past 12 months.  Our KW Select estate agents will provide you with a good feel for the current property market and we will show you how well have done in the last 12 months selling property in Fourways.  In addition, we have loads of happy customers whether that’s happy buyers or delighted sellers.

Why work with Keller Williams

Well, Fourways residents, it is simple.  We have access to the best technology globally.  What that means for you is that when we list a property, we are able to sell it so much faster because of our world-class technology.  Our record is sold in 2 days.  We take professional photos which include an HD video that will showcase your property better than the rest of your competition.  We work with all kinds.  Difficult tenants, wonderful sellers, and the list goes on.  We will also recommend only the best contractors to do your Electrical Compliance Certificate when you sell.  And our job is to navigate all the hurdles that come up when you sell.  You see we are there from day 1 and we are there for you every step of the way through to a successful key handover.  We carry the load, and we make selling your home in Fourways a breeze.

Get a free property valuation in Fourways

Keller Williams is the largest franchised real estate brand in the world.  We have the best systems capabilities making it easy to leverage qualified buyers that could have eyes for your property.  Click here and book your valuation online.  We are here to help, and we are good at what we do.

Get in Touch

So, if you need a valuation done on a property in Fourways or anywhere in Randburg or elsewhere in Jhb, we can help.  Give us a call on telephone number (064) 549-3123.  Alternatively, drop us an e-mail at [email protected].  We have a vast network of almost 1,500 top Keller Williams agents at our fingertips who are all just dying for the opportunity to partner with you to sell your home in Fourways and more importantly, to successfully conclude your property transfer in record time.

If you want to view all the Keller Williams properties across the country, click on our website to start the search for your dream home in the Fourways area.  Need help getting a pre-approved homeloan, it’s free and our strategic partners will find you the best rate over 20 years!  And finally, if you are thinking of putting your property on the market and need a free property valuation, click here!

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