Property prices for sale in Katanning (Western Australia)
The prices in real estate in Katanning, 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 Katanning has increased strongly during the last 6 months. In November, the average price per m² was $288. In the following month the price per m² decreased considerably to $227. The price for the following two months in (January, February) had a considerable increment of 2426 %. The price per m² has had a considerable increase of 352 % 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 $3,252.75 to $11,442 during March, and April.
Based upon to the price in Katanning (suburbs), this has gone downing the last 6 months. In our first sample month during November, the average price is $222,355. In December This price remains at $227,677. During the following two months (January, February) the average price fell 92 % 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 $216,549.75 to $172,500, which means a 80 % fall.
