Property prices for sale in Northam (Western Australia)
The prices in real estate in Northam, 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 Northam has increased strongly during the last 6 months. In October, the average price per m² was $291. In November this price pretty much remained the same at a value of $281 per m². The price for the following two months in (December, January) had a considerable increment of 195 %. The price per m² has had a considerable deflation of 39 % 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 $421.75 to $164.5 during February, and March.
Based upon to the price in Northam (suburbs), this has fallen considerably in the last 6 months. In our first sample month during October, the average price is $308,174. In November This price remains at $312,487. During the following two months (December, January) the price has had an average incrementation from $310,330.5 to $330,402. During the last two months the average price has had a strong fall compared to the previous four going from $320,366.25 to $160,760.5, which means a 50 % fall.
