Here is your FREE Randpark Ridge Property update for June 2022, from Lightstone. If you would like a copy of this suburb report, feel free to drop an e-mail, click here. Here we give you high-level numbers showing how prices vary in Randpark Ridge according to property type. This recent market activity is for the period of May 2021 to May 2022.Â
How are the 6,254 Randpark Ridge  properties spread by property type
From the highest to the lowest, by percentage in Randpark Ridge, we will outline how the property market is spread by property type:
Freehold Properties in Randpark Ridge shows a total of 3,109 registered properties. This makes up a total of 49,71% of all Randpark Ridge properties.
Sectional Title Units in Randpark Ridge and there are a total of 1,621 which makes up 25,92% of all the Randpark Ridge properties.
Freehold Properties in an Estate in Randpark Ridge shows a total of 1,524, which makes up a total of 24,37% of all Randpark Ridge properties.
Then, there are Randpark Ridge Freehold Property Prices
Firstly, the largest portion of property ownership in Randpark Ridge is Freehold property. In the last 12 months, there have been a total of 185 property sales in the area. The total registered sales value amounts to R401,429,000. And finally, the absolute average per property sale for Randpark Ridge Freestanding properties is noted at R2,107,000.
Randpark Ridge Sectional Title property values
The second-largest group of property ownership in Randpark Ridge is that of Sectional Title Properties. There have been a total of 107 recorded transfers over the last 12 months for Randpark Ridge. The total transferred property value for the area is an astounding R118,263,000. In conclusion, this brings us to the absolute average sales price for sectional title units in Randpark Ridge of R1,105,000.
Then consider Freehold Properties in Estates in Randpark Ridge
In conclusion, the third largest section of property ownership in Randpark Ridge is that of Estate Freehold properties. There have been a total of 135 recorded transfers in Randpark Ridge for this section of property ownership. The total sales and transferred value for all these 135 sales amount to a total of R253,252,000. The absolute average sales price for Estates Freehold in Randpark Ridge is therefore noted at R1,876,000.
Need a more granular view of what your Randpark Ridge property is worth?
Just reach out and let us prepare a free property valuation. Remember your Randpark Ridge property valuation is always free. We will provide you with recent Randpark Ridge 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 Randpark Ridge. In addition, we have loads of happy customers whether that’s happy buyers or delighted sellers.
Why work with Keller Williams
Well, Randpark Ridge 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 Randpark Ridge a breeze.
Get a free property valuation in Randpark Ridge
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 Randpark Ridge 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 Randpark Ridge 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 Randpark Ridge 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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