The prices in real estate in Mangonui, in the Northland 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 Mangonui has remained the same in the last 6 months. In October, the average price per m² was $7,182. In the following month the price per m² decreased to $6,697. In the following two months the price per m² has barely changed, going from $6,939.5 to $6,842.5 per m². The price per m² has had a considerable increase of 119 % 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 $6,891 to $8,192 during February, and March.
Based upon to the price in Mangonui (suburbs), these have remained the same in the last 6 months. The price in October is $844,222, rising in November till $948,909. In the following two months the average price has remained the same with regard to the previous two months from $896,565.5 to $912,107. During the last two months, the average price has reduced with regard to the previous ones. To be precise it has gone down 88 %, going from $904,336.25 to $799,166.5 in February and March.