Property prices for sale in Kaikoura (Marlborough)
The prices in real estate in Kaikoura, in the Marlborough region have had a strong rise in the last couple of months. The real estate prices for second hand homes have gone through a strong increase in this city.
The price per m² in Kaikoura has increased strongly during the last 6 months. In November, the average price per m² was $2,983. In the following month the price per m² increased considerably to $4,883. In the following two months the price per m² has increased 108 %, going from $3,933 to $4,241 per m². The price per m² has had a considerable increase of 138 % 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 $4,087 to $5,627 during March, and April.
Based upon to the price in Kaikoura (suburbs), this has gone up in the last 6 months. In our first sample month during November, the average price is $755,615. In December This price remains at $764,739. In the following two months the average price has remained the same with regard to the previous two months from $760,177 to $734,145.5. Based on an analysis of the first four prices and the last two months the average price has risen strongly 131 % during the last two months.
