Property prices for sale in Marlborough (Marlborough)

The prices in real estate in Marlborough, in the Marlborough 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.

$926,137.5
Average price last 6 months
$1,556
Price/m² last 6 months
Average price per m2

The price per m² in Marlborough has had a strong decrease during the last 6 months. In March, the average price per m² was $4,650. In the following month the price per m² decreased considerably to $1,144. The price for the following two months in (May, June) had a considerable decrease of 34 with regard to the prior two months. The price per m² has had a considerable deflation of 41 % 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 $1,934 to $800 during July, and August.

Average price

Based upon to the price in Marlborough (suburbs), this has gone up considerably in the last 6 months. The average price during our first sample month during March, is $638,188. During April the price went through a considerable rise reaching $1,098,500. During the following two months (May, June) the average price had a considerable increase of 125 % 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 $975,756.25 to $826,900, which means a 85 % fall.

Average price per bedrooms

The graph displaying the average price for bedrooms illustrates that those properties with 1 bedroom are the cheapest ones. At a price of $812,194 they are 42 % more affordable than the average price for Marlborough. The properties with the highest average price have 4 bedrooms, Their price is 34 % more costly than the average. After that we have properties with 3 bedrooms priced at $828,909.

With regard to the average price per m² , those properties with 3 bedrooms are the most costly ones at a cost of $915 / m², with an average $823 / m² price in Marlborough. The properties with the highest average prices have 1 bedroom. They are 74 % more expensive than the average followed by properties with 2 bedrooms with a price at $1,008 / m².

Price per property type

The graph displaying the average prices displays the property type "Apartment" as the most affordable one. At an cost of $812,194 it is 38 % cheaper than the average price in Marlborough. "House" is seen as the second most affordable property type. The dearest property type is "House" followed by "Apartment". At a price of $503,000 it is 2 % more expensive than the average price.

According to the average cost per m², the cheapest property type is "House" at an average cost of $809 / m² followed by "Apartment" priced at $1,024 / m². "Apartment" is the most costly type of property with a $1,024 / m² cost followed by "House" with an average price of $809 / m².

Charts data
Average price August
Average price per m² August
Number of properties used in Marlborough
Number of properties used in region Marlborough
$812,194
$823
284
2,604
** 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 Marlborough