Property prices for sale in Mangere East (Auckland)

The prices in real estate in Mangere East, in the Auckland 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.

$913,464.2
Average price last 6 months
$7,267.8
Price/m² last 6 months
Average price per m2

The price per m² in Mangere East has had a strong decrease during the last 6 months. In October, the average price per m² was $8,855. In the following month the price per m² decreased considerably to $6,611. The price for the following two months in (December, January) decreased 87 % with regard to the prior two months. The price per m² has had a considerable deflation of 52 % 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 $7,222 to $3,725.5 during February, and March.

Average price

Based upon to the price in Mangere East (suburbs), this has fallen considerably in the last 6 months. In our first sample month during October, the average price is $1,036,000. In November This price remains at $1,041,333. During the following two months (December, January) the average price had a considerable reduction of 83 % 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 $952,267.75 to $379,125, which means a 40 % fall.

Charts data
Average price March
Average price per m² March
Number of properties used in Mangere East
Number of properties used in region Auckland
$758,250
$7,451
52
18,680
** Graph's data with null or zero value are due to there isn't enough data available to get a reliable value
Other cities in region Auckland