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What the market is telling us right now

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What the market is telling us right now

The property market in South Africa right now is not one that rewards hesitation or wishful pricing. Yes, we’re seeing buyer activity remain strong, and homes are selling, but the sellers who are winning are the ones who truly understand the conditions on the ground.

After a sustained period of rate pressure and cost-of-living strain, South African households have recalibrated their expectations. Buyers are in the market, doing their homework, and know what comparable properties are selling for. They have run the bond repayment calculations, and if a listing feels inflated relative to what they can see around it, they will simply move on.

That is the reality sellers need to understand. Activity does not automatically translate into offers, and offers do not automatically follow listing. What bridges the gap is strategy, and the most important strategic decision a seller makes happens before the property even goes to market.

Price is the strategy

Incorrect pricing is one of the biggest reasons well-located, well-presented homes sit on the market longer than they should. And sitting costs sellers more than they realise, both financially and in terms of buyer perception. A listing that lingers begins to raise questions, even when there is nothing wrong with the property itself.

“Buyers today are comparing everything,” says Skoko Sebola, Principal at Leapfrog Midrand. “They have access to more data than ever, and they notice when a property is priced above what the evidence supports. The right price, on the other hand, creates urgency, and urgency is what drives competitive offers.”

The temptation to test the top of the market is understandable, as everyone would like to sell their property for what they think it’s worth. Sellers have often held their properties for years and watched values climb. But sellers need to understand that pricing a property to what it was worth eighteen months ago is not the same as pricing it to what the market will bear today. A credible, data-backed valuation, not an aspirational one, is the starting point for every successful sale.

Buyers are active, but they are price-sensitive

With the prime lending rate easing slightly through late 2025 and into 2026, banks have remained competitive and are actively offering 100% financing to qualifying buyers. That has brought more first-time buyers and mid-market purchasers back to the table. But affordability remains stretched for many households, which shapes how buyers behave.

They will walk away from overpriced listings even when financing is available. Buyers are not willing to overextend for a property that is not priced in line with current conditions, and sellers who understand this are the ones closing deals.

Presentation and timing are still important

While price is important, it’s not the whole picture, and presentation matters more than sellers often appreciate. Small updates such as a fresh coat of paint, decluttered spaces, and well-lit photographs can meaningfully shift how a property is perceived online, where most buyer journeys now begin.

Equally, energy-efficient homes have become increasingly popular. Properties with solar, backup power, or water-saving systems are attracting stronger interest and, in many cases, better offers. These are becoming more mainstream and are now part of what buyers consider when looking for a home.
“The sellers who are doing well right now are the ones who have listened, prepared properly, and trusted the process,” says Sebola.

The bottom line for sellers


Properties are selling in South Africa right now. The conditions are not perfect, but they are workable, and for sellers who approach the market with clear eyes and the right support, they are genuinely promising. Interest rates are no longer the obstacle they were. Banks are lending. Buyers are looking.

To sellers, Sebola recommends being realistic, prepared, and working with someone who knows the numbers. The opportunity is there. The question is whether you are positioned to take it.