Property prices for sale in Pinjarra (Western Australia)
The prices in real estate in Pinjarra, 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 Pinjarra has increased strongly during the last 6 months. In October, the average price per m² was $484. In the following month the price per m² increased considerably to $573. The price for the following two months in (December, January) had a considerable increment of 159 %. The price per m² has had a considerable deflation of 44 % 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 $684.5 to $300 during February, and March.
Based upon to the price in Pinjarra (suburbs), this has gone downing the last 6 months. In our first sample month during October, the average price is $423,388. In November This price remains at $421,611. During the following two months (December, January) the price has had an average incrementation from $422,499.5 to $466,005. During the last two months the average price has had a strong fall compared to the previous four going from $444,252.25 to $258,500, which means a 58 % fall.
