Property prices for sale in City (Australian Capital Territory)
The prices in real estate in City, in the Australian Capital Territory 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 City has had a strong decrease during the last 6 months. In October, the average price per m² was $1,035. In November this price pretty much remained the same at a value of $1,068 per m². In the following two months the price per m² has increased 115 %, going from $1,051.5 to $1,204.5 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 $1,128 to during February, and March.
Based upon to the price in City (suburbs), this has fallen considerably in the last 6 months. In our first sample month during October, the average price is $540,212. In November This price remains at $551,249. During the following two months (December, January) the price has had an average incrementation from $545,730.5 to $625,924.5. During the last two months the average price has had a strong fall compared to the previous four going from $585,827.5 to , which means a 0 % fall.
