The prices in real estate in Youngtown, 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 Youngtown has increased strongly during the last 6 months. In November, the average price per m² was $627. In the following month the price per m² decreased to $575. The price for the following two months in (January, February) had a considerable increment of 192 %. The price per m² has had a considerable increase of 118 % 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 $878.25 to $1,039.5 during March, and April.
Based upon to the price in Youngtown (suburbs), this has gone downing the last 6 months. In our first sample month during November, the average price is $539,519. In December This price remains at $527,150. In the following two months the average price has remained the same with regard to the previous two months from $533,334.5 to $534,925. During the last two months, the average price has reduced with regard to the previous ones. To be precise it has gone down 86 %, going from $534,129.75 to $460,756 in March and April.