The average price in the Oroua County region has had a strong decrease in recent months. There has been a strong deflation in the prices in this region.
The price per m² in Oroua County has risen considerably in the last 6 months. During October, the average price per m² was $5,374. The following month the price decreased to $5,052 per m². The price per m² for the following two months practically stayed the same, going from $5,213 to $5,289.5 per m². In the last two months, the price per m² has had a significant decrease of 61 %. This has been obtained by comparing the price of $5,251.25 for the first four months of the sample with regard to the previous 4 months and the price of $3,184.5 per m² for the last two months (February, March).
Based upon to the price in Oroua County (region), this has decreased in the last 6 months. In the first month sample October the average price is $830,448. In November the price was the same at $861,154. The average price for the following two months (December, January) decreased 91 % compared to the prior two. During the last two months the price has had a considerable reduction of 79 % with respect to the previous four months going from $807,384 a $637,216.
The graph displaying the the average price per number of bedrooms shows that those with 1 bedroom are the cheapest ones. They are 15 % more affordable than the average price in Oroua County followed by those with 3 with an average price of $556,428. The most costly properties have 4 bedrooms. They are 33 % more expensive than the average followed by those properties with 2 bedrooms priced at $608,613.
Based on the average price per m² those properties with 4 bedrooms are the cheapest ones with a price of $2,702 / m² being $2,956 / m² the average value within the Oroua County region. The properties with the most expensive average price are those with 1 bedroom. These are 193 % more costly than the average followed by those with 2 bedrooms with a price of $6,046 / m².
The graph displaying the average price according to the property type shows "House" as the cheapest one. With an average cost of $576,095 it is 2 % more affordable than the average in Oroua County. This is followed by "Townhouse" with a price of $588,469. The dearest property type is "Apartment" and is 29 % more expensive than the average, followed by "Townhouse" with a cost of $588,469.
Based on the average cost per m² the cheapest property type is "Apartment with a an average cost of $1,399 / m², followed by "House" with a price of $2,560 / m². "Townhouse" with an average price of $5,461 / m² is the most costly type of property followed by "House" at a price of $2,560 / m².