The prices in real estate in Havelock North, in the Hawkes Bay 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 Havelock North has remained the same in the last 6 months. In October, the average price per m² was $6,550. In November this price pretty much remained the same at a value of $6,742 per m². In the following two months the price per m² has barely changed, going from $6,646 to $6,400.5 per m². The price per m² has decreased 94 % 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 $6,523.25 to $6,136.5 during February, and March.
Based upon to the price in Havelock North (suburbs), these have remained the same in the last 6 months. In our first sample month during October, the average price is $1,579,286. In November This price remains at $1,519,375. During the following two months (December, January) the average price fell 93 % with regard to the previous two months. Based on an analysis of the first four prices and the last two months the average price has gone up 110 % during the last two months.