Property prices for sale in Greerton (Bay Of Plenty)
The prices in real estate in Greerton, in the Bay Of Plenty 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 Greerton has had a strong decrease during the last 6 months. In October, the average price per m² was $5,411. In the following month the price per m² increased to $6,164. The price for the following two months in (December, January) had a considerable decrease of 65 with regard to the prior two months. The price per m² has had a considerable deflation of 73 % 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 $4,761.25 to $3,466 during February, and March.
Based upon to the price in Greerton (suburbs), this has gone up in the last 6 months. The price in October is $563,500, rising in November till $623,286. During the following two months (December, January) the average price had a considerable increase of 119 % with regard to the previous two months. During the last two months, the average price has reduced with regard to the previous ones. To be precise it has gone down 93 %, going from $649,529.75 to $602,375 in February and March.
