Property prices for sale in Port Sorell (Tasmania)
The prices in real estate in Port Sorell, in the Tasmania 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 Port Sorell has had a strong decrease during the last 6 months. In October, the average price per m² was $805. In the following month the price per m² decreased to $711. The price for the following two months in (December, January) had a considerable decrease of 84 with regard to the prior two months. The price per m² has had a considerable deflation of 61 % 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 $697 to $426 during February, and March.
Based upon to the price in Port Sorell (suburbs), these have remained the same in the last 6 months. The average price for October is $793,222. During November the price had a slight fall till $741,219. In the following two months the average price has remained the same with regard to the previous two months from $767,220.5 to $787,625. Based on an analysis of the first four prices and the last two months the average price has gone up 108 % during the last two months.
