The prices in real estate in Kawhia, in the Waikato 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 Kawhia has fallen in the last 6 months. In November, the average price per m² was $4,845. In the following month the price per m² increased to $5,418. The price for the following two months in (January, February) had a considerable decrease of 82 with regard to the prior two months. The price per m² has had a considerable deflation of 73 % 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 $4,678.25 to $3,430 during March, and April.
Based upon to the price in Kawhia (suburbs), this has fallen considerably in the last 6 months. The average price during our first sample month during November, is $587,125. During December the price went through a considerable rise reaching $699,500. During the following two months (January, February) the average price had a considerable reduction of 76 % 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 $565,323 to $297,312.5, which means a 53 % fall.
The graph showing the average price for bedrooms displays the property with the lowest price has 1 bedroom. It is 27 % cheaper than the average price of $433,000 in Kawhia. Based on the bedrooms values, properties with the lowest prices are those with 1 bedroom. They are 27 % more affordable than the average aforementioned.
With regard to the average prices per m² those properties with 1 bedroom are 26 % more costly than the average price of ($8,615 / m²) in Kawhia. Properties with the most expensive price based upon to the number of bedrooms / m² are those with 1 bedroom. They are 26 % more costly than the average value aforementioned.