The prices in real estate in Glendowie, in the Auckland region have had a strong rise in the last couple of months. The real estate prices for second hand homes have gone through a strong increase in this city.
The price per m² in Glendowie has increased strongly during the last 6 months. In November, the average price per m² was . In the following month the price per m² increased considerably to $4,210. In the following two months the price per m² has barely changed, going from $2,105 to $2,105 per m². The price per m² has had a considerable increase of 300 % 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 $2,105 to $6,323 during March, and April.
Based upon to the price in Glendowie (suburbs), this has gone up considerably in the last 6 months. The average price during our first sample month during November, is . During December the price went through a considerable rise reaching $1,425,583. In the following two months the average price has remained the same with regard to the previous two months from $712,791.5 to $712,791.5. Based on an analysis of the first four prices and the last two months the average price has risen strongly 293 % during the last two months.