THE
RONDEBOSCH PROPERTY INSIDER
by Lynne Wright & Grant Trom peter
Well established and trusted agents of choice, Lynne Wright & Grant Trom peter
We specialise in the Rondebosch area and have a com bined industry experience of over 31years.
RONDEBOSCH
PROPERTY MARKET REVIEW
January ? July 2025 vs January ? July 2026
Rondebosch Market Strengthens Despite Lower Transaction Volum es
Whilst transaction volum es slowed during the first seven m onths of 2026,the Rondebosch property m arket continued to dem onstrate rem arkable resilience and strength.
We noted that there were 10 fewer freehold sales in Rondebosch during the period under review in 2026 com pared to 2025, representing a 40%reduction in the num ber of transactions However,what is particularly noteworthy is that total sales turnover declined by 68% This highlights the im pact that fewer prem ium transactions can have on the overall value statistic.
-The average discount to asking price im proved from 7%below asking price in 2025 to only 1.7%below asking price in 2026.
-Average tim e on m arket reduced from 43 days to only 15 days,an im provem ent of 65%
-Several properties sold at or above asking price,highlighting the intense com petition for quality hom es
What does this tell us?
From our perspective,the statistics clearly dem onstrate that buyer choice has reduced substantially.
A purchaser searching for a freehold hom e in Rondebosch during the first half of 2025 had 25 hom es to consider,whereas a buyer in 2026 had only 15 hom es available
This reduction in available stock has significantly strengthened sellers' negotiating positions.
Is now the tim e to sell?
RONDEBOSCH
PROPERTY MARKET REVIEW
January ? July 2025 vs January ? July 2026
Purchasers continue to com pete for hom es close to leading schools and tertiary education facilities such as:
- Rondebosch Boys' High School
- Bishops Diocesan College
- Rustenburg Girls' High School
- The University of Cape Town
- Em eris
The result is a m arket where buyers are prepared to act decisively and pay prices m uch closer to asking price for quality hom es
The reduction in average m arketing periods from 43 days to just 15 days is perhaps the clearest evidence of the strength of current dem and
PROPSTATS REPORT 2025
PROPSTATS REPORT 2026
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