The prices in real estate in Edgecumbe, in the Bay Of Plenty region have remained the same in the last couple of months. The real estate prices for second hand homes have remained in this city.
The price per m² in Edgecumbe has remained the same in the last 6 months. In November, the average price per m² was $5,381. In the following month the price per m² decreased to $4,880. In the following two months the price per m² has barely changed, going from $5,130.5 to $5,142.5 per m². The price per m² has barely changed in the last two months compared to the average price of the previous four months going from an average price of $5,136.5 to $5,289 during March y April
Based upon to the price in Edgecumbe (suburbs), this has fallen considerably in the last 6 months. The average price for November is $874,750. During December the price had a slight fall till $769,857. During the following two months (January, February) the average price had a considerable reduction of 75 % 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 $718,851.75 to $581,000, which means a 81 % fall.