The prices in real estate in Brookfield, in the Bay Of Plenty 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 Brookfield has had a strong decrease during the last 6 months. In November, the average price per m² was $6,236. In the following month the price per m² decreased considerably to . In the following two months the price per m² has barely changed, going from $3,118 to $3,030.5 per m². The price per m² has had a considerable increase of 211 % 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 $3,074.25 to $6,501 during March, and April.
Based upon to the price in Brookfield (suburbs), this has fallen considerably in the last 6 months. The average price for November is $879,667. During December the price had a considerable reduction till . In the following two months the average price has remained the same with regard to the previous two months from $439,833.5 to $435,875. Based on an analysis of the first four prices and the last two months the average price has risen strongly 176 % during the last two months.