Property prices for sale in Ringwood East (Victoria)
The prices in real estate in Ringwood East, in the Victoria 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 Ringwood East has increased during the last 6 months. In October, the average price per m² was $954. In the following month the price per m² increased considerably to $1,199. The price for the following two months in (December, January) had a considerable decrease of 82 with regard to the prior two months. The price per m² has increased 113 % 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 $980.25 to $1,111 during February, and March.
Based upon to the price in Ringwood East (suburbs), these have remained the same in the last 6 months. In our first sample month during October, the average price is $750,556. In November This price remains at $716,111. During the following two months (December, January) the average price fell 93 % 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 127 % during the last two months.
