The prices in real estate in Shirley, 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 Shirley has had a strong decrease during the last 6 months. In November, the average price per m² was $5,541. In the following month the price per m² decreased considerably to . In the following two months the price per m² has increased 107 %, going from $2,770.5 to $2,974.5 per m². The price per m² has had a considerable increase of 226 % 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 $2,872.5 to $6,494.5 during March, and April.
Based upon to the price in Shirley (suburbs), this has fallen considerably in the last 6 months. The average price for November is $599,750. During December the price had a considerable reduction till . In the following two months the average price has remained the same with regard to the previous two months from $299,875 to $311,500. Based on an analysis of the first four prices and the last two months the average price has risen strongly 190 % during the last two months.