The prices in real estate in Mataura, in the Southland region have had a minor rise in the last couple of months. The real estate prices for second hand homes have risen in this city.
The price per m² in Mataura has increased during the last 6 months. In November, the average price per m² was $2,359. In December this price pretty much remained the same at a value of $2,309 per m². In the following two months the price per m² has barely changed, going from $2,334 to $2,439 per m². The price per m² has increased 113 % 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 $2,386.5 to $2,702 during March, and April.
Based upon to the price in Mataura (suburbs), these have remained the same in the last 6 months. In our first sample month during November, the average price is $300,333. In December This price remains at $290,250. In the following two months the average price has remained the same with regard to the previous two months from $295,291.5 to $286,850. Based on an analysis of the first four prices and the last two months the average price has gone up 108 % during the last two months.