The prices in real estate in Manukau City, in the Oroua County region have remained the same in the last couple of months. The real estate prices for second hand homes have remained in this city.
The price per m² in Manukau City has remained the same in the last 6 months. In October, the average price per m² was $1,305. In November this price pretty much remained the same at a value of $1,246 per m². The price for the following two months in (December, January) had a considerable decrease of 84 with regard to the prior two months. The price per m² has had a considerable increase of 121 % 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 $1,174.5 to $1,418.5 during February, and March.
Based upon to the price in Manukau City (suburbs), this has gone downing the last 6 months. In our first sample month during October, the average price is $959,023. In November This price remains at $962,525. During the following two months (December, January) the average price had a considerable increase of 136 % with regard to the previous two months. During the last two months the average price has had a strong fall compared to the previous four going from $1,132,910.75 to $431,024.5, which means a 38 % fall.
The graph displaying the average price for bedrooms illustrates that those properties with 3 bedrooms are the most costly ones. At a price of $319,259 they are 12 % more expensive than the average price for Manukau City. Following this ranking we find those properties with 1 at an average price of $485,600. The properties with the highest average price have 2 bedrooms, Their price is 112 % more costly than the average. After that we have properties with 4 bedrooms priced at $495,886.
With regard to the average price per m² , those properties with 4 bedrooms are the cheapest ones at a cost of $808 / m², with an average $1,020 / m² price in Manukau City. The properties with the highest average prices have 2 bedrooms. They are 125 % more expensive than the average followed by properties with 3 bedrooms with a price at $1,268 / m².
The graph displaying the average prices displays the property type "House" as the most affordable one. At an cost of $319,259 it is 14 % cheaper than the average price in Manukau City. "Townhouse" is seen as the second most affordable property type. The dearest property type is "Apartment" followed by "Townhouse". At a price of $573,328 it is 115 % more expensive than the average price.
According to the average cost per m², the cheapest property type is "House" at an average cost of $511 / m² followed by "Apartment" priced at $955 / m². "Townhouse" is the most costly type of property with a $5,187 / m² cost followed by "Apartment" with an average price of $955 / m².