The prices in real estate in Bastia Hill, in the Manawatu-Whanganui 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 Bastia Hill has had a strong decrease during the last 6 months. In November, the average price per m² was $2,889. In the following month the price per m² increased considerably to $3,655. The price for the following two months in (January, February) had a considerable decrease of 0 with regard to the prior two months. The price per m² has barely changed in the last two months compared to the average price of the previous four months going from an average price of $1,636 to $1,566.5 during March y April
Based upon to the price in Bastia Hill (suburbs), this has fallen considerably in the last 6 months. In our first sample month during November, the average price is $553,800. In December This price remains at $543,000. During the following two months (January, February) the average price had a considerable reduction of 0 % with regard to the previous two months. Based on an analysis of the first four prices and the last two months the average price has risen strongly 122 % during the last two months.