The prices in real estate in Claudelands, in the Waikato 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 Claudelands has had a strong decrease during the last 6 months. In November, the average price per m² was $3,539. In the following month the price per m² decreased considerably to $924. The price for the following two months in (January, February) had a considerable decrease of 21 with regard to the prior two months. The price per m² has had a considerable increase of 288 % 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 $1,355.5 to $3,902.5 during March, and April.
Based upon to the price in Claudelands (suburbs), this has gone up considerably in the last 6 months. The price in November is $662,600, rising in December till $697,714. During the following two months (January, February) the price has had an average incrementation from $680,157 to $780,548.5. Based on an analysis of the first four prices and the last two months the average price has gone up 112 % during the last two months.