The prices in real estate in Clyde, in the Victoria 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 Clyde has had a strong decrease during the last 6 months. In October, the average price per m² was $1,569. In the following month the price per m² decreased considerably to $1,172. The price for the following two months in (December, January) had a considerable decrease of 52 with regard to the prior two months. The price per m² has had a considerable deflation of 66 % 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 $1,044 to $693.5 during February, and March.
Based upon to the price in Clyde (suburbs), these have remained the same in the last 6 months. In our first sample month during October, the average price is $694,602. In November This price remains at $692,896. In the following two months the average price has remained the same with regard to the previous two months from $693,749 to $696,118.5. During the last two months, the average price has pretty much remained the same with regard to the previous average values going from an average value of $694,933.75 and $681,067 between February and March.