Property prices for sale in Glossop (South Australia)
The prices in real estate in Glossop, in the South Australia 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 Glossop has had a strong decrease during the last 6 months. In November, the average price per m² was $877. In December this price pretty much remained the same at a value of $877 per m². The price for the following two months in (January, February) had a considerable decrease of 47 with regard to the prior two months. The price per m² has had a considerable deflation of 29 % 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 $644.75 to $190 during March, and April.
Based upon to the price in Glossop (suburbs), this has gone downing the last 6 months. In our first sample month during November, the average price is $296,833. In December This price remains at $296,833. During the following two months (January, February) the average price had a considerable increase of 125 % 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 $333,645.75 to $170,625, which means a 51 % fall.
