If you’re curious about what’s happening in the Sea Point property market right now, you’ve come to the right place. Whether you’re keeping an eye on the sales scene, watching rental trends, or just want to know how the area is performing overall, we’ve gathered all the key insights for you.
In this blog we cover
- Sales Snapshot – How freestanding homes and sectional title properties have been performing, including average prices and time on the market.
- What’s Currently on the Market – What’s on the market right now in Sea Point, from entry-level apartments to multi-million-rand luxury homes.
- Short-term rentals – A snapshot of the STR market, including revenue, occupancy, and bookings, showing the year-on-year growth.
- Market Overview – A summary of overall property activity and what the numbers tell us.
Sales Snapshot: The Past 12 Months
Sea Point’s property market has remained active over the past year, with some interesting trends emerging between freestanding homes and sectional title properties.
Freestanding Residential Properties
- Total Sales: 38
- Average Sale Price: R14,912,416
- Highest Sale Price: R37,800,000
- Lowest Sale Price: R4,700,000
- Average Time on Market: 181 days
These figures show that while freestanding homes are fewer in number, they represent a substantial investment and generally spend longer on the market compared to sectional title properties.
Sectional Title Properties
- Total Sales: 505
- Average Sale Price: R4,757,337
- Highest Sale Price: R59,000,000
- Lowest Sale Price: R705,000
- Average Time on Market: 62 days
Sectional title properties are moving faster, with a wider range of prices catering to both entry-level buyers and high-end investors.
What’s Currently on the Market
As of November 2025, there are 239 properties listed on Property24 in Sea Point, with an average asking price of R5,999,498 and an average sale price of R3,500,000.
The most expensive property currently on the market is listed at R125,000,000, while the most accessible option starts at R2,050,000.
Here’s a breakdown of average asking prices by bedroom count:
- 1 bedroom: R3,372,000
- 2 bedroom: R6,272,500
- 3 bedroom: R10,500,000
- 4 bedroom: R17,349,500
- 5+ bedrooms: R18,499,000
The listings show a diverse market, from compact city pads to sprawling family homes, giving potential buyers plenty of options depending on lifestyle and budget.
Short-Term Rentals
A look at the Sea Point market as a whole
Estimated Average Revenue per Listing (Entire Market)
- Current Period: R400,310
- Previous Period: R338,850
This equates to an increase of 18.14% year-on-year.
Average Total Active Listings in the Market
- Current Period: 1,230
- Previous Period: 995
That means there were 235 more active listings in Sea Point year-on-year.
Number of Bookings for Sea Point
- Current Period: 34,590
- Previous Period: 23,370
That’s a 48.01% increase year-on-year.
Average Occupancy % in Sea Point
- Current Period: 74%
- Previous Period: 73%
There has been a 1% increase year-on-year.
Occupancy for the previous 365 days
Occupancy for the upcoming 365 days
Key Future Dates
These stats show a healthy and growing market, with increasing revenue per property and a notable jump in bookings. The slight rise in occupancy suggests demand remains steady, even with more properties on the market.
Market Overview
Sea Point continues to be a dynamic market, offering options for long-term homeowners, investors, and short-term rental operators alike. Whether you’re watching sales, browsing listings, or considering entering the short-term rental scene, there’s plenty to keep an eye on.
*Sources: CMA | PriceLabs | Property24
Looking for a Property Management Company?
If you’re looking for a property management company in Cape Town, check out Nox Cape Town. Our team specialises in optimising rental income, maintaining high occupancy, and ensuring premium guest experiences, helping property owners get the most from their investments.
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