Property prices for sale in Featherston (Wairarapa)
The prices in real estate in Featherston, in the Wairarapa 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 Featherston has had a strong decrease during the last 6 months. In November, the average price per m² was $5,090. In the following month the price per m² decreased to $4,502. The price for the following two months in (January, February) had a considerable decrease of 75 with regard to the prior two months. The price per m² has had a considerable deflation of 65 % 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 $4,187.5 to $2,734.5 during March, and April.
Based upon to the price in Featherston (suburbs), this has gone downing the last 6 months. The price in November is $614,000, rising in December till $682,222. During the following two months (January, February) the price has had an average incrementation from $648,111 to $716,833.5. During the last two months the average price has had a strong fall compared to the previous four going from $682,472.25 to $284,727.5, which means a 42 % fall.
