The prices in real estate in Erskine, in the Western Australia region have remained the same in the last couple of months. The real estate prices for second hand homes have remained in this city.
The price per m² in Erskine has remained the same in the last 6 months. In November, the average price per m² was $1,145. In December this price pretty much remained the same at a value of $1,132 per m². The price for the following two months in (January, February) had a considerable increment of 138 %. The price per m² has had a considerable deflation of 50 % 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 $1,354 to $683 during March, and April.
Based upon to the price in Erskine (suburbs), this has gone downing the last 6 months. The price in November is $585,067, rising in December till $668,733. During the following two months (January, February) the price has had an average incrementation from $626,900 to $716,545.5. During the last two months the average price has had a strong fall compared to the previous four going from $671,722.75 to $336,722, which means a 50 % fall.