The prices in real estate in Glenbervie, in the Northland region have had a minor fall in the last couple of months. The real estate prices for second hand homes have fallen in this city
The price per m² in Glenbervie has fallen in the last 6 months. In November, the average price per m² was $5,955. In December this price pretty much remained the same at a value of $5,955 per m². The price for the following two months in (January, February) had a considerable decrease of 79 with regard to the prior two months. The price per m² has increased 106 % 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 $5,317.5 to $5,630 during March, and April.
Based upon to the price in Glenbervie (suburbs), this has gone up in the last 6 months. In our first sample month during November, the average price is $961,375. In December This price remains at $961,375. During the following two months (January, February) the price has had an average incrementation from $961,375 to $1,010,666.5. Based on an analysis of the first four prices and the last two months the average price has risen strongly 120 % during the last two months.