Last year saw Tokai buyers invest a whopping R187 840 000 in sales of freestanding homes (according to Propstats). There were 59 sales in total with an average selling price of R3,183,728. Interesting to note that the number of sales was slightly down on 2013 which saw 67 sales for a total of R180 619 000 with a lower average of R2 695 805.
Some took longer to sell than expected bringing the average number of days on market up to 37.
The highest price achieved was for 3 Victoria Road at R8 900 000, followed by 9A Pine Road for R5 650 000. In fact Tokai reached new heights with five properties having sold for more than R5 million.