The prices in real estate in Mosman, in the New South Wales 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 Mosman has had a strong decrease during the last 6 months. In November, the average price per m² was $9,888. In December this price pretty much remained the same at a value of $9,629 per m². The price for the following two months in (January, February) had a considerable decrease of 0 with regard to the prior two months. The price per m² has had a considerable increase of 228 % 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 $4,879.25 to $11,117 during March, and April.
Based upon to the price in Mosman (suburbs), this has fallen considerably in the last 6 months. The average price for November is $831,334. During December the price had a considerable reduction till $645,095. During the following two months (January, February) the average price had a considerable reduction of 0 % 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 risen strongly 386 % during the last two months.
The graph displaying the average price for bedrooms illustrates that those properties with 2 bedrooms are the most costly ones. At a price of $808,568 they are 132 % more expensive than the average price for Mosman. Following this ranking we find those properties with 1 at an average price of $1,890,041. The properties with the highest average price have 1 bedroom, Their price is 134 % more costly than the average. After that we have properties with 2 bedrooms priced at $1,873,094.
With regard to the average price per m² , those properties with 2 bedrooms are the most costly ones at a cost of $9,541 / m², with an average $7,984 / m² price in Mosman. The properties with the highest average prices have 1 bedroom. They are 21 % more expensive than the average followed by properties with 2 bedrooms with a price at $9,541 / m².
With regard to the average price based upon the property in Mosman we can see that most expensive property type is "Apartment" at a price of $1,873,094, they are 132 % more costly than the average price of (!PRECIO2!). "Apartment" has the highest price. This price is 132 % more expensive than the average price aforementioned.
According to the average area price by m² the most costly property type is "Apartment with an average price of $9,541 / m². "Apartment" at an average price of $9,541 / m² has the most expensive price and would be directed at more affluent cities.