The prices in real estate in Mangere, in the Auckland region have remained the same in the last couple of months. The real estate prices for second hand homes have remained in this city.
The price per m² in Mangere has remained the same in the last 6 months. In November, the average price per m² was $6,429. In the following month the price per m² decreased to $5,925. The price for the following two months in (January, February) had a considerable increment of 115 %. The price per m² has decreased 94 % 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 $6,647.75 to $6,217 during March, and April.
Based upon to the price in Mangere (suburbs), this has gone up in the last 6 months. The average price for November is $586,900. During December the price had a slight fall till $530,111. During the following two months (January, February) the average price had a considerable increase of 116 % with regard to the previous two months. Based on an analysis of the first four prices and the last two months the average price has risen strongly 123 % during the last two months.