The prices in real estate in Long Bay, in the Auckland region have had a minor rise in the last couple of months. The real estate prices for second hand homes have risen in this city.
The price per m² in Long Bay has increased during the last 6 months. In November, the average price per m² was $9,581. In December this price pretty much remained the same at a value of $9,823 per m². In the following two months the price per m² has increased 109 %, going from $9,702 to $10,611 per m². The price per m² has barely changed in the last two months compared to the average price of the previous four months going from an average price of $10,156.5 to $10,159.5 during March y April
Based upon to the price in Long Bay (suburbs), this has gone downing the last 6 months. In our first sample month during November, the average price is $1,960,813. In December This price remains at $1,890,889. During the following two months (January, February) the average price had a considerable reduction of 84 % with regard to the previous two months. During the last two months, the average price has reduced with regard to the previous ones. To be precise it has gone down 91 %, going from $1,775,746.75 to $1,611,250 in March and April.