The prices in real estate in Grass Valley, in the Western Australia region have had a strong rise in the last couple of months. The real estate prices for second hand homes have gone through a strong increase in this city.
The price per m² in Grass Valley has increased strongly during the last 6 months. In November, the average price per m² was $940. In the following month the price per m² increased to $1,006. The price for the following two months in (January, February) had a considerable increment of 127 %. The price per m² has increased 112 % 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 $1,102.25 to $1,231.5 during March, and April.
Based upon to the price in Grass Valley (suburbs), this has fallen considerably in the last 6 months. The price in November is $2,673,444, rising in December till $2,927,750. During the following two months (January, February) the average price had a considerable reduction of 21 % 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 $1,699,881.75 to $599,166.5, which means a 35 % fall.