The prices in real estate in Ravensthorpe, in the Western Australia region have had a minor rise in the last couple of months. The real estate prices for second hand homes have risen in this city.
The price per m² in Ravensthorpe has increased during the last 6 months. In November, the average price per m² was $242. In December this price pretty much remained the same at a value of $245 per m². The price for the following two months in (January, February) had a considerable increment of 138 %. 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 $289.5 to $186 during March, and April.
Based upon to the price in Ravensthorpe (suburbs), these have remained the same in the last 6 months. In our first sample month during November, the average price is $235,947. In December This price remains at $239,875. During the following two months (January, February) the price has had an average incrementation from $237,911 to $269,000. During the last two months the average price has had a strong fall compared to the previous four going from $253,455.5 to $201,250, which means a 79 % fall.