The prices in real estate in York, in the Western Australia region have had a strong rise in the last couple of months. The real estate prices for second hand homes have gone through a strong increase in this city.
The price per m² in York has increased strongly during the last 6 months. In October, the average price per m² was $13,034. In the following month the price per m² increased considerably to $16,872. The price for the following two months in (December, January) had a considerable increment of 132 %. The price per m² has had a considerable increase of 202 % in the last two months compared to the average price for the previous four months. This was obtained by comparing the first four months of the period going from a price per m² of $17,374 to $35,038.5 during February, and March.
Based upon to the price in York (suburbs), this has fallen considerably in the last 6 months. The average price for October is $398,733. During November the price had a slight fall till $360,500. In the following two months the average price has remained the same with regard to the previous two months from $379,616.5 to $387,445.5. During the last two months the average price has had a strong fall compared to the previous four going from $383,531 to $200,153, which means a 52 % fall.