Property prices for sale in Allenton (Canterbury)
The prices in real estate in Allenton, in the Canterbury 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 Allenton has had a strong decrease during the last 6 months. In October, the average price per m² was $4,104. In the following month the price per m² decreased to $3,847. The price for the following two months in (December, January) had a considerable decrease of 63 with regard to the prior two months. The price per m² has had a considerable deflation of 66 % 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 $3,249.75 to $2,132 during February, and March.
Based upon to the price in Allenton (suburbs), this has gone downing the last 6 months. In our first sample month during October, the average price is $596,667. In November This price remains at $578,700. In the following two months the average price has remained the same with regard to the previous two months from $587,683.5 to $572,555. During the last two months, the average price has reduced with regard to the previous ones. To be precise it has gone down 95 %, going from $580,119.25 to $550,937.5 in February and March.
