Property prices for sale in Lynmore (Bay Of Plenty)
The prices in real estate in Lynmore, in the Bay Of Plenty region have had a strong fall in the last couple of months. The real estate prices for second hand homes have gone through a strong fall in this city.
The price per m² in Lynmore has had a strong decrease during the last 6 months. In November, the average price per m² was $5,672. In the following month the price per m² decreased to $4,968. The price for the following two months in (January, February) had a considerable decrease of 80 with regard to the prior two months. The price per m² has had a considerable deflation of 49 % 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 $4,784.25 to $2,323 during March, and April.
Based upon to the price in Lynmore (suburbs), this has fallen considerably in the last 6 months. The average price for November is $769,000. During December the price had a considerable reduction till $574,400. During the following two months (January, February) the average price had a considerable reduction of 81 % 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 $608,204.25 to $401,200, which means a 66 % fall.
