Property prices for sale in Kaeo (Northland)
The prices in real estate in Kaeo, in the Northland 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 Kaeo has had a strong decrease during the last 6 months. In November, the average price per m² was $4,436. In the following month the price per m² decreased considerably to $3,501. The price for the following two months in (January, February) had a considerable decrease of 33 with regard to the prior two months. The price per m² has barely changed in the last two months compared to the average price of the previous four months going from an average price of $2,642 to $2,687.5 during March y April
Based upon to the price in Kaeo (suburbs), this has fallen considerably in the last 6 months. The average price for November is $768,500. During December the price had a slight fall till $699,143. During the following two months (January, February) the average price had a considerable reduction of 46 % with regard to the previous two months. During the last two months the average price has had a strong fall compared to the previous four going from $536,535.75 to $448,166.5, which means a 84 % fall.
