The prices in real estate in Knowsley, in the Victoria 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 Knowsley has had a strong decrease during the last 6 months. In November, the average price per m² was $775. In the following month the price per m² decreased to $662. The price for the following two months in (January, February) had a considerable decrease of 79 with regard to the prior two months. The price per m² has increased 114 % 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 $644.5 to $733.5 during March, and April.
Based upon to the price in Knowsley (suburbs), these have remained the same in the last 6 months. In our first sample month during November, the average price is $543,333. In December This price remains at $535,000. In the following two months the average price has remained the same with regard to the previous two months from $539,166.5 to $518,266. During the last two months, the average price has pretty much remained the same with regard to the previous average values going from an average value of $528,716.25 and $529,311 between March and April.