The average price in the Southland region has had same value in recent months. Prices in this region have remained pretty much stagnant.
The price per m² in Southland has remained stagnant in the last 6 months. During September, the average price per m² was $3,628. The following month (October) the price increased to $3,861 per m². The price per m² for the following two months practically stayed the same, going from $3,744.5 to $3,601 per m². In the last two months, the price has stayed the same with regard to the average value for the last 4 months going from an average price per m² of $3,672.75 to $3,732 during January and February.
Based upon to the price in Southland(region), this has increased considerably in the last 6 months. In the first month sample for September the average price is $461,578. During October it went through a strong inflation reaching $553,341 In the following two months the average price didn't change much compared to the previous two going from $507,459.5 to $530,348. During the last two months the average price has remained stagnant and has gone from $518,903.75 to $522,934.5 during January and February.
The graph displaying the the average price per number of bedrooms shows that those with 1 bedroom are the cheapest ones. They are 40 % more affordable than the average price in Southland followed by those with 2 with an average price of $355,370. The most costly properties have 4 bedrooms. They are 36 % more expensive than the average followed by those properties with 3 bedrooms priced at $507,650.
Based on the average price per m² those properties with 4 bedrooms are the cheapest ones with a price of $2,843 / m² being $3,590 / m² the average value within the Southland region. The properties with the most expensive average price are those with 1 bedroom. These are 59 % more costly than the average followed by those with 3 bedrooms with a price of $3,780 / m².
The graph displaying the average price according to the property type shows "Section" as the cheapest one. With an average cost of $517,219 it is 53 % more affordable than the average in Southland. This is followed by "Townhouse" with a price of $496,398. The dearest property type is "Apartment" and is 48 % more expensive than the average, followed by "House" with a cost of $525,881.
Based on the average cost per m² the cheapest property type is "Section with a an average cost of $268 / m², followed by "Townhouse" with a price of $1,057 / m². "House" with an average price of $3,597 / m² is the most costly type of property followed by "Apartment" at a price of $1,324 / m².