The prices in real estate in Kawerau, in the Bay Of Plenty 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 Kawerau has remained the same in the last 6 months. In October, the average price per m² was $3,832. In the following month the price per m² increased to $4,026. The price for the following two months in (December, January) decreased 91 % with regard to the prior two months. 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 $3,754.75 to $3,524.5 during February, and March.
Based upon to the price in Kawerau (suburbs), this has gone up in the last 6 months. In our first sample month during October, the average price is $443,343. In November This price remains at $459,128. During the following two months (December, January) the price has had an average incrementation from $451,235.5 to $490,593.5. Based on an analysis of the first four prices and the last two months the average price has gone up 107 % during the last two months.