The prices in real estate in Modbury North Dc, in the South 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 Modbury North Dc has increased strongly during the last 6 months. In November, the average price per m² was $313. In the following month the price per m² decreased to $280. The price for the following two months in (January, February) had a considerable increment of 175 %. The price per m² has had a considerable deflation of 64 % 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 $408 to $260 during March, and April.
Based upon to the price in Modbury North Dc (suburbs), these have remained the same in the last 6 months. The average price for November is $289,939. During December the price had a slight fall till $248,002. During the following two months (January, February) the average price had a considerable increase of 126 % 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 $303,735.25 to $232,400.5, which means a 77 % fall.