Property prices for sale in Taree (New South Wales)
The prices in real estate in Taree, in the New South Wales region have had a strong fall in the last couple of months. The real estate prices for second hand homes have gone through a strong fall in this city.
The price per m² in Taree has had a strong decrease during the last 6 months. In October, the average price per m² was $540. In November this price pretty much remained the same at a value of $539 per m². The price for the following two months in (December, January) had a considerable decrease of 66 with regard to the prior two months. The price per m² has decreased 92 % 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 $447.5 to $411.5 during February, and March.
Based upon to the price in Taree (suburbs), this has fallen considerably in the last 6 months. In our first sample month during October, the average price is $440,000. In November This price remains at $439,560. During the following two months (December, January) the average price had a considerable reduction of 52 % with regard to the previous two months. During the last two months, the average price has reduced with regard to the previous ones. To be precise it has gone down 93 %, going from $334,890 to $310,833.5 in February and March.
