The prices in real estate in Avenal, in the Southland region have had a minor fall in the last couple of months. The real estate prices for second hand homes have fallen in this city
The price per m² in Avenal has fallen in the last 6 months. In November, the average price per m² was $3,377. In the following month the price per m² decreased to $3,005. The price for the following two months in (January, February) decreased 95 % with regard to the prior two months. The price per m² has increased 105 % 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 $3,107.25 to $3,265 during March, and April.
Based upon to the price in Avenal (suburbs), this has gone downing the last 6 months. The price in November is $589,429, rising in December till $639,333. In the following two months the average price has remained the same with regard to the previous two months from $614,381 to $602,075. During the last two months the average price has had a strong fall compared to the previous four going from $608,228 to $463,725, which means a 76 % fall.