Property prices for sale in Marlborough Sounds (Marlborough)
The prices in real estate in Marlborough Sounds, in the Marlborough 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 Marlborough Sounds has remained the same in the last 6 months. In November, the average price per m² was $2,695. In the following month the price per m² increased considerably to $3,462. In the following two months the price per m² has barely changed, going from $3,078.5 to $2,972 per m². 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 $3,025.25 to $1,943 during March, and April.
Based upon to the price in Marlborough Sounds (suburbs), this has gone downing the last 6 months. The average price for November is $918,889. During December the price had a considerable reduction till $670,625. During the following two months (January, February) the average price had a considerable increase of 128 % 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 $907,231.25 to $724,166.5, which means a 80 % fall.
