Property prices for sale in Northland region
The average price in the Northland 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 Northland has risen in the last 6 months. During October, the average price per m² was $6,209. In November the price pretty much stayed the same at $5,994 per m². The price per m² for the following two months practically stayed the same, going from $6,101.5 to $5,956 per m². In the last two months, the price per m² has decreased 88 %. This has been obtained by comparing the price $6,028.75 for the first four months of the sample with regard to the previous 4 months and the price $5,321.5 per m² for the last two months (February, March).
Based upon to the price in Northland (region), this has decreased in the last 6 months. October has an average price of $905,906. During November the price had a slight deflation till $822,800. In the following two months the average price didn't change much compared to the previous two going from $864,353 to $835,494. During the last two months the average price has remained stagnant and has gone from $849,923.5 to $840,125 during February and March.
The graph displaying the the average price per number of bedrooms shows that those with 1 bedroom are the cheapest ones. They are 44 % more affordable than the average price in Northland followed by those with 2 with an average price of $629,230. The most costly properties have 4 bedrooms. They are 23 % more expensive than the average followed by those properties with 3 bedrooms priced at $792,036.
Based on the average price per m² those properties with 4 bedrooms are the cheapest ones with a price of $4,251 / m² being $5,218 / m² the average value within the Northland region. The properties with the most expensive average price are those with 1 bedroom. These are 78 % more costly than the average followed by those with 2 bedrooms with a price of $6,395 / m².
The graph displaying the average price according to the property type shows "Office" as the cheapest one. With an average cost of $819,712 it is 55 % more affordable than the average in Northland. This is followed by "Apartment" with a price of $710,685. The dearest property type is "House" and is 3 % more expensive than the average, followed by "Townhouse" with a cost of $841,840.
Based on the average cost per m² the cheapest property type is "Apartment with a an average cost of $342 / m², followed by "Office" with a price of $607 / m². "Townhouse" with an average price of $135,105 / m² is the most costly type of property followed by "House" at a price of $5,123 / m².
