Land prices for sale in Makonde

The average price of land for sale in Makonde is $700,000

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Historical price trends

The historical price trends for land in Makonde, Zimbabwe, illustrate significant fluctuations over the years. In 2015, the average land price was $30,000, reflecting a modest market. By 2017, prices skyrocketed to $234,567, indicating a surge in demand. However, in 2019, the average price dramatically dropped to $3,000, demonstrating market volatility. The trend saw a resurgence in 2022 with prices bouncing back to $275,000. As of 2023, land prices have stabilized at $120,000, with forecasts for 2024 projecting a remarkable increase to $700,000. This data highlights the dynamic real estate environment in Makonde, making it a captivating area for land investment.