Property prices for sale in Glen Innes (New South Wales)
The prices in real estate in Glen Innes, in the New South Wales 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 Glen Innes has had a strong decrease during the last 6 months. In February, the average price per m² was $5,293. In March this price pretty much remained the same at a value of $5,296 per m². The price for the following two months in (April, May) had a considerable increment of 127 %. The price per m² has had a considerable deflation of 26 % 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 $5,997.75 to $1,562.5 during June, and July.
Based upon to the price in Glen Innes (suburbs), this has fallen considerably in the last 6 months. The price in February is $242,000, rising in March till $260,714. During the following two months (April, May) the average price had a considerable reduction of 43 % 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 132 % during the last two months.
