The prices in real estate in Sydenham, in the Canterbury region have had a minor rise in the last couple of months. The real estate prices for second hand homes have risen in this city.
The price per m² in Sydenham has increased during the last 6 months. In November, the average price per m² was $6,059. In the following month the price per m² increased to $6,702. In the following two months the price per m² has increased 106 %, going from $6,380.5 to $6,732.5 per m². The price per m² has increased 106 % 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 $6,556.5 to $6,969.5 during March, and April.
Based upon to the price in Sydenham (suburbs), these have remained the same in the last 6 months. The price in November is $685,333, rising in December till $745,889. During the following two months (January, February) the average price fell 93 % with regard to the previous two months. During the last two months, the average price has reduced with regard to the previous ones. To be precise it has gone down 93 %, going from $690,868 to $643,900 in March and April.