Property prices for sale in Spalding (Western Australia)
The prices in real estate in Spalding, in the Western Australia 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 Spalding has increased strongly during the last 6 months. In November, the average price per m² was $264. In the following month the price per m² increased considerably to $456. In the following two months the price per m² has increased 112 %, going from $360 to $401.5 per m². The price per m² has had a considerable deflation of 65 % 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 $380.75 to $247.5 during March, and April.
Based upon to the price in Spalding (suburbs), this has gone up considerably in the last 6 months. The average price during our first sample month during November, is $221,400. During December the price went through a considerable rise reaching $336,571. During the following two months (January, February) the average price had a considerable increase of 119 % with regard to the previous two months. During the last two months the average price has had a strong fall compared to the previous four going from $305,167 to $199,500, which means a 65 % fall.
