The prices in real estate in Beach Haven, in the Auckland 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 Beach Haven has had a strong decrease during the last 6 months. In November, the average price per m² was $7,876. In the following month the price per m² increased to $8,828. The price for the following two months in (January, February) had a considerable decrease of 37 with regard to the prior two months. The price per m² has had a considerable deflation of 63 % 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 $5,738.75 to $3,638 during March, and April.
Based upon to the price in Beach Haven (suburbs), this has fallen considerably in the last 6 months. The price in November is $1,019,167, rising in December till $1,149,500. During the following two months (January, February) the average price had a considerable reduction of 61 % 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 $873,000 to $544,500, which means a 62 % fall.