Property prices for sale in Ahuriri (Hawkes Bay)
The prices in real estate in Ahuriri, in the Hawkes Bay region have had a strong fall in the last couple of months. The real estate prices for second hand homes have gone through a strong fall in this city.
The price per m² in Ahuriri has had a strong decrease during the last 6 months. In November, the average price per m² was $7,058. In the following month the price per m² decreased to $6,417. In the following two months the price per m² has barely changed, going from $6,737.5 to $6,487 per m². The price per m² has had a considerable deflation of 43 % 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 $6,612.25 to $2,841.5 during March, and April.
Based upon to the price in Ahuriri (suburbs), this has fallen considerably in the last 6 months. The average price for November is $979,800. During December the price had a considerable reduction till $807,800. During the following two months (January, February) the average price fell 91 % 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 $851,900 to $405,000, which means a 48 % fall.
