Listing property for sale in Mossel Bay right now leaves sellers in a tricky situation, but if you want to remain competitive in the market then it may be a good idea to have a look at what is happening in the Atlantic Seaboard.

South Africa is enduring a tough period financially, and this certainly has an impact on the performance of the property market. This is even the case for one of the best markets in the country, the Atlantic Seaboard in the Western Cape.

This area is normally never short of demand, as it boasts property of incredible quality with easy access to a number of top amenities, as well as being conveniently close to the Mother City. However, after a run of four excellent years of unprecedented growth, 2017 saw the market take a negative turn. There was a significant drop in sales and growth prices in this period.

In 2018, the start of the year was promising with some investor interest, but as the year got into its stride the market was subdued once again. This, according to Lew Geffen Sotheby's International Realty CEO, Brendan Miller,is to be expected though.

"Although there have certainly been extenuating influential factors like the water crisis and political instability and the land expropriation issue certainly hasn’t stimulated the market, we mustn’t forget that the property industry always works in cycles. There are upswings and there are price correction phases and right now we are in the latter – it was inevitable, after such a growth period."

Looking ahead to the remainder of the year, Miller believes that there will be an improved fourth quarter in that market. On the rental front, there was a similar learning as many landlords were sitting with empty properties, and simple price adjustments allowed a positive swing in the market.