The prices in real estate in Matakana, in the Auckland region have had a minor fall in the last couple of months. The real estate prices for second hand homes have fallen in this city
The price per m² in Matakana has fallen in the last 6 months. In October, the average price per m² was $6,249. In the following month the price per m² decreased considerably to $5,112. The price for the following two months in (December, January) decreased 88 % with regard to the prior two months. The price per m² has had a considerable increase of 122 % 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 $5,335.25 to $6,527.5 during February, and March.
Based upon to the price in Matakana (suburbs), this has gone downing the last 6 months. The average price for October is $2,096,750. During November the price had a slight fall till $1,822,556. During the following two months (December, January) the price has had an average incrementation from $1,959,653 to $2,156,400. During the last two months, the average price has reduced with regard to the previous ones. To be precise it has gone down 89 %, going from $2,058,026.5 to $1,840,333.5 in February and March.