The prices in real estate in Kerikeri, in the Northland 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 Kerikeri has increased strongly during the last 6 months. In October, the average price per m² was $2,985. In November this price pretty much remained the same at a value of $3,030 per m². The price for the following two months in (December, January) had a considerable increment of 173 %. The price per m² has had a considerable increase of 132 % 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 $4,104.25 to $5,427 during February, and March.
Based upon to the price in Kerikeri (suburbs), these have remained the same in the last 6 months. The average price for October is $1,135,860. During November the price had a slight fall till $1,043,361. In the following two months the average price has remained the same with regard to the previous two months from $1,089,610.5 to $1,118,842. 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.