The prices in real estate in Hamilton City, in the Waikato region have had a minor fall in the last couple of months. The real estate prices for second hand homes have fallen in this city
The price per m² in Hamilton City has fallen in the last 6 months. In September, the average price per m² was $6,007. In the following month the price per m² decreased considerably to $5,096. The price for the following two months in (November, December) decreased 94 % with regard to the prior two months. The price per m² has increased 107 % 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 $5,380.75 to $5,768 during January, and February.
Based upon to the price in Hamilton City (suburbs), these have remained the same in the last 6 months. The average price for September is $866,333. During October the price had a slight fall till $747,000. During the following two months (November, December) the price has had an average incrementation from $806,666.5 to $913,666.5. Based on an analysis of the first four prices and the last two months the average price has gone up 106 % during the last two months.