The prices in real estate in Barham, in the New South Wales region have had a strong fall in the last couple of months. The real estate prices for second hand homes have gone through a strong fall in this city.
The price per m² in Barham has had a strong decrease during the last 6 months. In November, the average price per m² was $375. In December this price pretty much remained the same at a value of $376 per m². In the following two months the price per m² has increased 113 %, going from $375.5 to $425 per m². The price per m² has had a considerable deflation of 0 % 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 $400.25 to during March, and April.
Based upon to the price in Barham (suburbs), this has fallen considerably in the last 6 months. The price in November is $404,752, rising in December till $449,585. During the following two months (January, February) the average price had a considerable increase of 142 % with regard to the previous two months. During the last two months the average price has had a strong fall compared to the previous four going from $516,001 to , which means a 0 % fall.