The prices in real estate in Bishopdale, in the Canterbury region have had a minor fall in the last couple of months. The real estate prices for second hand homes have fallen in this city
The price per m² in Bishopdale has fallen in the last 6 months. In October, the average price per m² was $4,035. In November this price pretty much remained the same at a value of $4,147 per m². The price for the following two months in (December, January) had a considerable decrease of 0 with regard to the prior two months. The price per m² has had a considerable increase of 357 % 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 $2,045.5 to $7,308.5 during February, and March.
Based upon to the price in Bishopdale (suburbs), this has fallen considerably in the last 6 months. In our first sample month during October, the average price is $607,250. In November This price remains at $630,750. During the following two months (December, January) the average price had a considerable reduction of 0 % with regard to the previous two months. Based on an analysis of the first four prices and the last two months the average price has risen strongly 238 % during the last two months.