A R48 million home in Die Boord topped Stellenbosch's residential property sales during the first half of 2026, as luxury properties accounted for more than a third of the R1.86 billion spent on homes in the town.
Despite the high value transactions, the number of properties sold fell by 13.4% compared with the same period last year, with a new property market report pointing to a shortage of available homes. The figures show that Stellenbosch's luxury market continues to attract substantial investment even as overall sales activity slows.
The Stellenbosch Property Market Report for the first half of 2026, published by Cape Coastal Homes (CCH) and compiled by CMAinfo, recorded 379 residential property sales worth R1.864 billion across 44 suburbs.
Sales volumes declined by 13.4% compared with the corresponding period in 2025, reflecting what the report describes as a constrained market with limited property stock available for sale.
The market generated an average of approximately R311 million in sales per month during the six months.
Luxury properties drive sales
Properties in eight of Stellenbosch’s highest-value suburbs, where average house prices exceeded R10 million, generated 45 sales worth approximately R652 million.
These transactions accounted for about 35% of the total value of residential property sales during the period.
However, monthly sales volumes in the luxury segment declined by 25.6% compared with 2025, from 121 sales worth R1.653 billion over the full year.
The report identifies Stellenbosch Rural, Paradyskloof, Mostertsdrift, De Zalze and Die Boord as the five suburbs contributing the most to overall sales value.
Together, they generated just over R942 million, or 50.54% of the total residential sales value recorded during the first six months of the year.
Stellenbosch Rural led with approximately R353 million in sales, followed by Paradyskloof at R197 million, Mostertsdrift at R140 million, De Zalze at R134 million and Die Boord at R119 million.
Die Boord home sells for R48 million
The highest residential property sale recorded during the period was a home in Die Boord, which sold for R48 million.
Other high-value transactions included a R34 million home at De Zalze Winelands Golf Estate and a R27.5 million property in Mostertsdrift.
Longlands Country Estate recorded a top sale of approximately R26.2 million, while a property in Nooitgedacht Manor, Koelenhof, sold for R21.5 million.
The report also identified strong growth in average house prices in several established suburbs. Mostertsdrift recorded growth of 42.7%, Die Boord 39.7% and Dalsig 35.6% when comparing 2025 average prices with those recorded during the first half of 2026.
These figures reflect changes in average transaction prices and should not be interpreted as the appreciation of every property in those suburbs.
Limited stock constrains the market
The report points to a shortage of available properties as a factor affecting sales activity.
Of the 18 502 freehold properties in Stellenbosch, 255 were sold during the period, representing an annualised turnover rate of 2.76%.
The report places a healthy annualised residential turnover rate between 3% and 5%, suggesting that Stellenbosch’s freehold market remained relatively constrained.
Only five of the town’s 44 suburbs exceeded the 3% turnover benchmark for freehold properties.
Koelenhof, including Nooitgedacht, recorded the highest turnover rate at 5.78%, with 13 sales from a stock of 225 properties. Raithby followed at 4.76%, while Brandwacht recorded 4%.
Property sales breakdown
The 379 transactions comprised 255 freehold property sales worth approximately R1.437 billion, 88 sectional-title sales worth R132.5 million and 36 vacant-land sales worth R207.75 million.
The highest-priced sectional-title transaction was an apartment at De Zalze Winelands Golf Lodge, which sold for R11.4 million.
Meanwhile, a commercial or residential site in Stellenbosch Central sold for R59.8 million, making it the highest-value vacant-land transaction recorded in the report.
The report attributes Stellenbosch’s continued property-market appeal to factors including Stellenbosch University, established schools, lifestyle estates, security, cultural attractions and demand from buyers relocating from other parts of South Africa and abroad.
Despite the decline in sales volumes, the figures show that substantial property transactions continued to contribute to Stellenbosch’s residential market during the first half of 2026.
The full Paarl Residential Property Market report is available here.