The prices in real estate in Evans Head, in the New South Wales 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 Evans Head has remained the same in the last 6 months. In October, the average price per m² was $662. In November this price pretty much remained the same at a value of $662 per m². The price for the following two months in (December, January) had a considerable increment of 123 %. The price per m² has had a considerable deflation of 63 % 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 $737.5 to $467.5 during February, and March.
Based upon to the price in Evans Head (suburbs), this has fallen considerably in the last 6 months. In our first sample month during October, the average price is $498,059. In November This price remains at $498,059. During the following two months (December, January) the average price fell 94 % 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 $483,492 to $227,000, which means a 47 % fall.