I have a bunch of HF meters like the one you show, I bough them to make panel meters and for other projects. Try this, short the meter leads together and read the resistance, then subtract that from the numbers you just showed us. My HF meters all have more than a few ohms in the leads themselves, they are cheap- the meters themselves are not bad, but even expensive meters don't do well with low resistances. There is always lead resistance, and it is rare to have a meter that allows you to zero it.
Also, if the batteries are not brand new in the HF meters, the resistance is going to be off. I think their reference supply design for those meters is lacking a little bit-- but what do you expect for $2.99

I'm not knocking your choice in meters, remember, I like to use, build, and rig shit from whatever I can find, and that means I do quite a lot of shopping at harbor freight. Just keep in mind that there will be limitations, and try to determine what they are and adjust for them.
What Kurt says is true, a permanent magnet can be de-magnetized by a sharp blow, but AFAIK, it has to be pretty much directly to the magnet. I have never heard of it happening to a magnet that large, but I suppose anything is possible.
I honestly doubt the sub has an electrical problem. Is it 4 ohm dvc or 2 ohm? DC resistance is *almost* always higher than the impedance of a driver, you cannot measure the actual impedance with a multimeter.
Good Luck,
Jason