RE/MAX Lagoon Estates, previously known as RE/MAX Lifestyle Estates, reported a record-breaking sales month for October 2020, accumulating their highest sales figures in their 15-year history of selling properties within Langebaan and surrounds.
“Our registered sales for October totalled just over R22 million. Of this total, our top Sales Associate, Susan Opie, brought in R18 million in registered sales. She also concluded the highest residential sale for the area, breaking through the R10 million ceiling that previously existed in this popular seaside town,” says Domonick Lodewick, Broker/Owner of RE/MAX Lagoon Estates.
Lodewick explains that the West Coast has become a popular destination for people moving permanently as well as for those who are searching for a second home. “There has been a boom in property sales along the coast, particularly in Langebaan as it offers all the things that buyers are looking for following the lockdown. The majority of buyers in the area are looking for safety and security and homes that facilitate a lock-up-and-go, work from home lifestyle. Buyers also want to escape the busy city life and the urban lockdown. They want a better quality of life and many are either semigrating or retiring to the area,” he explains.
According to Regional Director and CEO of RE/MAX of Southern Africa, Adrian Goslett, this same post-lockdown property boom exists in many suburbs and towns across the Southern Africa region. “As a region, our reported sales figures year-to-date for October is up by 3% from last year. This is following three months during hard lockdown (from April to June) where our sales figures dropped by as much as 62% YoY. Our prediction is that the Southern Africa property market will continue to see high sales volumes as many continue to adjust their lifestyles to suit the post-lockdown world,” he concludes.