The prices in real estate in Hopetoun, in the Western Australia 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 Hopetoun has remained the same in the last 6 months. In October, the average price per m² was $393. In November this price pretty much remained the same at a value of $399 per m². In the following two months the price per m² has barely changed, going from $396 to $384.5 per m². The price per m² has increased 107 % 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 $390.25 to $418.5 during February, and March.
Based upon to the price in Hopetoun (suburbs), these have remained the same in the last 6 months. In our first sample month during October, the average price is $292,295. In November This price remains at $306,344. During the following two months (December, January) the average price fell 91 % 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 gone up 109 % during the last two months.