Property prices for sale in Christchurch (Canterbury)
The prices in real estate in Christchurch, in the Canterbury region have had a minor rise in the last couple of months. The real estate prices for second hand homes have risen in this city.
The price per m² in Christchurch has increased during the last 6 months. In October, the average price per m² was $2,690. In the following month the price per m² decreased considerably to $2,174. In the following two months the price per m² has increased 112 %, going from $2,432 to $2,718.5 per m². The price per m² has had a considerable increase of 128 % 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 $2,575.25 to $3,285 during February, and March.
Based upon to the price in Christchurch (suburbs), these have remained the same in the last 6 months. In our first sample month during October, the average price is $582,948. In November This price remains at $598,073. In the following two months the average price has remained the same with regard to the previous two months from $590,510.5 to $585,891. During the last two months, the average price has reduced with regard to the previous ones. To be precise it has gone down 92 %, going from $588,200.75 to $539,678.5 in February and March.
The graph displaying the average price for bedrooms illustrates that those properties with 2 bedrooms are the most costly ones. At a price of $482,881 they are 4 % more expensive than the average price for Christchurch. Following this ranking we find those properties with 1 at an average price of $517,149. The properties with the highest average price have 4 bedrooms, Their price is 75 % more costly than the average. After that we have properties with 3 bedrooms priced at $672,207.
With regard to the average price per m² , those properties with 4 bedrooms are the cheapest ones at a cost of $3,254 / m², with an average $3,554 / m² price in Christchurch. The properties with the highest average prices have 2 bedrooms. They are 27 % more expensive than the average followed by properties with 3 bedrooms with a price at $4,358 / m².
With regard to the average price based upon the property in Christchurch we can see that most expensive property type is "House" at a price of $515,347, they are 7 % more costly than the average price of (!PRECIO2!). "House" has the highest price. This price is 7 % more expensive than the average price aforementioned.
According to the average area cost by m² the cheapest property type is "House with an average price of $2,889 / m². "House" with an average cost of $2,889 / m² has the lowest price and would be directed at less affluent cities.
