Property prices for sale in Ringwood North (Victoria)
The prices in real estate in Ringwood North, in the Victoria 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 Ringwood North has increased strongly during the last 6 months. In October, the average price per m² was $643. In the following month the price per m² increased considerably to $762. In the following two months the price per m² has increased 114 %, going from $702.5 to $802.5 per m². The price per m² has had a considerable increase of 396 % 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 $752.5 to $2,977.5 during February, and March.
Based upon to the price in Ringwood North (suburbs), this has gone up considerably in the last 6 months. The average price during our first sample month during October, is $524,583. During November the price went through a considerable rise reaching $621,167. During the following two months (December, January) the average price had a considerable increase of 116 % 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 195 % during the last two months.
