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#PropertyReport: Sales surge in first half of 2025

The local property market has rebounded from a 2023 low.

At the halfway point of 2025, there are many reasons to feel positive about the North Coast property market.

With the school holidays and the Ballito Pro drawing many holidaymakers to our shores, it is an ideal time to reflect on what the year has delivered so far.

KwaZulu-Natal has been gradually recovering from its low point in early 2023, when the province went into a house price deflation, albeit only 0.5%. In a market that has seen consistent growth over the past decade, this may come as a surprise to some.

Since then, the market has steadily rebounded. KZN is currently registering a year-on-year house price inflation of 3.3%, a figure likely to rise further. This represents a positive upward trend, and based on current momentum, continued growth is expected.

It has been widely reported that around 193 families are relocating to Ballito each month and it is evident that new home builds are struggling to keep pace with demand. There is a growing sense that the much-talked-about “Club Med effect” is starting to materialise, aided by infrastructure upgrades that are already delivering benefits. These developments are bolstering house price inflation.

This four-bedroom apartment in Ballito got its asking price.

Anecdotally, signs are encouraging: asking prices are increasingly being met, buyers are competing for the same properties and activity levels remain robust, even during times typically marked by seasonal slowdowns.

Based on data from my own office – while noting that this is a localised snapshot – I have observed a 56% increase in accepted offers in the first half of this year compared to the same period in 2024. This marks a significant upswing, with demand showing no signs of slowing down.

The rental market is also performing well, recording an 8% increase over the same period. A healthy performance in a market that may be starting to cool slightly. Notably, high-end rentals remain particularly strong.

So, as we reach the half-time break and metaphorically enjoy the oranges, it’s fair to say the Ballito property market is comfortably ahead on the scoreboard.


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Mobile users can join our WhatsApp Broadcast Service here, or if you’re on desktop, scan the QR code below.

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Nothando Mhlongo

Fresh out of university, Nothando has a knack for telling human interest stories. When she's not furiously typing up her next article... you can find her relishing in her favourite dish - pasta.
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