The prices in real estate in Geraldine, in the Canterbury 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 Geraldine has remained the same in the last 6 months. In November, the average price per m² was $4,610. In the following month the price per m² decreased to $4,264. In the following two months the price per m² has barely changed, going from $4,437 to $4,437 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 $4,437 to $4,434 during March y April
Based upon to the price in Geraldine (suburbs), this has fallen considerably in the last 6 months. The average price for November is $773,000. During December the price had a considerable reduction till $622,733. 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 $657,892.25 and $627,084.5 between March and April.