Property prices for sale in Forest (Tasmania)
The prices in real estate in Forest, in the Tasmania 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 Forest has had a strong decrease during the last 6 months. In October, the average price per m² was $191. In the following month the price per m² decreased to $163. The price for the following two months in (December, January) had a considerable decrease of 22 with regard to the prior two months. The price per m² has had a considerable increase of 129 % 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 $108 to $139 during February, and March.
Based upon to the price in Forest (suburbs), this has fallen considerably in the last 6 months. In our first sample month during October, the average price is $222,875. In November This price remains at $231,625. During the following two months (December, January) the average price had a considerable reduction of 21 % with regard to the previous two months. Based on an analysis of the first four prices and the last two months the average price has risen strongly 165 % during the last two months.
