Market activity within the Western Cape continues to thrive, especially within some of the more sought-after nodes such as the Constantia Valley. In fast-moving markets such as these, it pays to have a reputable real estate professional at your side.
“When market conditions are thriving, investors stand to benefit greatly by partnering alongside a seasoned property professional who has the local knowledge and relevant market expertise to get them on the inside track,” notes Adrian Goslett, Regional Director and CEO of REMAX Southern Africa.
REMAX has recently had the privilege of onboarding one of the top agents in the area, Priscilla Young, who up until recently had been working for a competing brand. Initially qualified as a teacher and with a law degree behind her name, Young spontaneously ventured into the real estate profession and hasn’t looked back since. “Having just reached the pinnacle of my achievements in a boutique property company, I relish the opportunity to take on a bigger challenge within a very established, expansive international brand,” she explains.
Sharing her invaluable insights into the Constantia market, Young quotes Propstats data which reflects the average selling price in the area to be just over R21 500 000 with a variance of just over 7% between asking and achieved.
“In several instances sellers have achieved more than asking. Many of the properties sold have also not actually gone to market. It is thus more of a sellers’ market at present. By presenting higher offers, buyers are even enticing sellers to part with homes that aren’t even on the active market. I have also noticed an uptick in pricing in the greater Valley area,” she notes.
Due to ongoing 'semigration' from Gauteng and KwaZulu Natal, Young notes that many buyers are looking to buy in gated estates or mini 'semi 'gated communities. “By the latter I mean the smaller sectional schemed homes which vary from 2 to 6 units in a complex. Many of these schemes have been launched and sold very successfully over the past few years. An additional trend, or ongoing demand, comes from foreigners looking to invest in luxury high end homes on larger erven,” she explains.
According to Young, the buyer profile for the area includes younger professionals, semigrating families, and many foreigners, as well as a retiree market largely consisting of local homeowners who need to downsize and are reluctant to leave their much beloved area.
Given the high demand and stock shortages, Young’s advice to those hoping to purchase in the area is “DO NOT wait.” She explains that there has already been a 30% increase in prices this year. “Buyers with R15 million at the beginning of 2025 are already struggling to find enough value if they had elected to wait, for whatever reason,” she notes.
According to Goslett, listening to the advice of seasoned area experts is what can give investors an inside edge into solid investment decisions. “We are thrilled to have Priscilla join the brand and are excited to see just how much more she can achieve given the backing and support of our global network,” Goslett concludes.
