The prices in real estate in Brooklyn, in the Wellington 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 Brooklyn has fallen in the last 6 months. In November, the average price per m² was $8,856. In December this price pretty much remained the same at a value of $8,475 per m². The price for the following two months in (January, February) decreased 87 % with regard to the prior two months. The price per m² has decreased 93 % 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 $8,111 to $7,537.5 during March, and April.
Based upon to the price in Brooklyn (suburbs), these have remained the same in the last 6 months. The average price during our first sample month during November, is $865,300. During December the price went through a considerable rise reaching $1,027,667. During the following two months (January, February) the average price fell 89 % with regard to the previous two months. During the last two months, the average price has pretty much remained the same with regard to the previous average values going from an average value of $892,895.5 and $904,490 between March and April.