The prices in real estate in Sandford, in the Tasmania 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 Sandford has increased strongly during the last 6 months. In November, the average price per m² was $2,467. In the following month the price per m² decreased considerably to $2,059. The price for the following two months in (January, February) had a considerable increment of 2887 %. The price per m² has barely changed in the last two months compared to the average price of the previous four months going from an average price of $33,801.5 to $34,899.5 during March y April
Based upon to the price in Sandford (suburbs), this has fallen considerably in the last 6 months. In our first sample month during November, the average price is $953,750. In December This price remains at $977,273. In the following two months the average price has remained the same with regard to the previous two months from $965,511.5 to $990,000. During the last two months the average price has had a strong fall compared to the previous four going from $977,755.75 to $479,787.5, which means a 49 % fall.