Property prices for sale in Mangakakahi (Bay Of Plenty)

The price per m² in Mangakakahi has had a strong decrease during the last 6 months. In November, the average price per m² was $4,923. In the following month the price per m² increased to $5,202. The price for the following two months in (January, February) had a considerable decrease of 49 with regard to the prior two months. The price per m² has had a considerable deflation of 64 % 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 $3,768.75 to $2,402.5 during March, and April.

Based upon to the price in Mangakakahi (suburbs), this has fallen considerably in the last 6 months. The average price during our first sample month during November, is $480,125. During December the price went through a considerable rise reaching $554,000. During the following two months (January, February) the average price had a considerable reduction of 47 % 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 $378,864.5 to $283,550, which means a 75 % fall.