The average price in the Auckland region has had a slight decrease in recent months. There has been a deflation in the prices in this region.
The price per m² in Auckland has risen in the last 6 months. During October, the average price per m² was $8,308. In November the price pretty much stayed the same at $8,471 per m². The price per m² for the following two months practically stayed the same, going from $8,389.5 to $8,015.5 per m². In the last two months, the price per m² has had a significant decrease of 74 %. This has been obtained by comparing the price of $8,202.5 for the first four months of the sample with regard to the previous 4 months and the price of $6,082.5 per m² for the last two months (February, March).
Based upon to the price in Auckland(region), these have remained the same in the last 6 months. The average price in October is $860,044. In November the price increased to $965,041. In the following two months the average price didn't change much compared to the previous two going from $912,542.5 to $942,865. During the last two months the price has had a considerable reduction of 83 % with respect to the previous four months going from $927,703.75 a $768,598.5.
The graph displaying the the average price per number of bedrooms shows that those with 1 bedroom are the cheapest ones. They are 32 % more affordable than the average price in Auckland followed by those with 3 with an average price of $688,074. The most costly properties have 4 bedrooms. They are 17 % more expensive than the average followed by those properties with 2 bedrooms priced at $832,815.
Based on the average price per m² those properties with 4 bedrooms are the cheapest ones with a price of $3,886 / m² being $5,670 / m² the average value within the Auckland region. The properties with the most expensive average price are those with 1 bedroom. These are 77 % more costly than the average followed by those with 2 bedrooms with a price of $9,639 / m².
The graph displaying the average price according to the property type shows "Office" as the cheapest one. With an average cost of $752,129 it is 90 % more affordable than the average in Auckland. This is followed by "Warehouse" with a price of $78,976. The dearest property type is "Section" and is 59 % more expensive than the average, followed by "Townhouse" with a cost of $891,575.
Based on the average cost per m² the cheapest property type is "Warehouse with a an average cost of $186 / m², followed by "Office" with a price of $256 / m². "Section" with an average price of $168,187 / m² is the most costly type of property followed by "Apartment" at a price of $10,469 / m².