The prices in real estate in Birkenhead, in the Auckland 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 Birkenhead has had a strong decrease during the last 6 months. In September, the average price per m² was $10,291. In the following month the price per m² decreased considerably to $7,610. The price for the following two months in (November, December) decreased 92 % with regard to the prior two months. The price per m² has barely changed in the last two months compared to the average price of the previous four months going from an average price of $8,579 to $8,387.5 during January y February
Based upon to the price in Birkenhead (suburbs), this has gone up considerably in the last 6 months. The average price during our first sample month during September, is $963,750. During October the price went through a considerable rise reaching $1,305,333. During the following two months (November, December) the price has had an average incrementation from $1,134,541.5 to $1,258,625. Based on an analysis of the first four prices and the last two months the average price has gone up 108 % during the last two months.