Property prices for sale in Somerville (Victoria)
The prices in real estate in Somerville, 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 Somerville has increased strongly during the last 6 months. In November, the average price per m² was $857. In December this price pretty much remained the same at a value of $864 per m². The price for the following two months in (January, February) had a considerable increment of 2190 %. The price per m² has had a considerable deflation of 0 % 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 $9,851.75 to during March, and April.
Based upon to the price in Somerville (suburbs), this has fallen considerably in the last 6 months. In our first sample month during November, the average price is $836,969. In December This price remains at $854,146. During the following two months (January, February) the price has had an average incrementation from $845,557.5 to $929,325. During the last two months the average price has had a strong fall compared to the previous four going from $887,441.25 to , which means a 0 % fall.
