The prices in real estate in Glengarry, in the Southland region have remained the same in the last couple of months. The real estate prices for second hand homes have remained in this city.
The price per m² in Glengarry has remained the same in the last 6 months. In November, the average price per m² was $3,771. In December this price pretty much remained the same at a value of $3,669 per m². The price for the following two months in (January, February) decreased 92 % with regard to the prior two months. The price per m² has increased 112 % 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 $3,576.25 to $4,008.5 during March, and April.
Based upon to the price in Glengarry (suburbs), this has gone up in the last 6 months. In our first sample month during November, the average price is $463,250. In December This price remains at $442,500. During the following two months (January, February) the price has had an average incrementation from $452,875 to $485,639.5. Based on an analysis of the first four prices and the last two months the average price has risen strongly 117 % during the last two months.