The prices in real estate in Grasmere, in the Southland 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 Grasmere has remained the same in the last 6 months. In October, the average price per m² was $3,993. In November this price pretty much remained the same at a value of $4,090 per m². In the following two months the price per m² has barely changed, going from $4,041.5 to $4,201.5 per m². The price per m² has decreased 93 % 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 $4,121.5 to $3,846.5 during February, and March.
Based upon to the price in Grasmere (suburbs), this has gone up considerably in the last 6 months. The price in October is $421,938, rising in November till $475,125. During the following two months (December, January) the price has had an average incrementation from $448,531.5 to $499,222. Based on an analysis of the first four prices and the last two months the average price has gone up 112 % during the last two months.