The prices in real estate in Kaiapoi, in the Canterbury region have had a minor fall in the last couple of months. The real estate prices for second hand homes have fallen in this city
The price per m² in Kaiapoi has fallen in the last 6 months. In September, the average price per m² was $4,675. In October this price pretty much remained the same at a value of $4,728 per m². In the following two months the price per m² has barely changed, going from $4,701.5 to $4,497.5 per m². The price per m² has decreased 92 % 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 $4,599.5 to $4,232 during January, and February.
Based upon to the price in Kaiapoi (suburbs), these have remained the same in the last 6 months. In our first sample month during September, the average price is $700,693. In October This price remains at $699,805. In the following two months the average price has remained the same with regard to the previous two months from $700,249 to $680,336.5. During the last two months, the average price has pretty much remained the same with regard to the previous average values going from an average value of $690,292.75 and $679,415 between January and February.