The prices in real estate in Melville, in the Waikato 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 Melville has remained the same in the last 6 months. In November, the average price per m² was $7,583. In the following month the price per m² increased to $8,210. In the following two months the price per m² has barely changed, going from $7,896.5 to $7,607 per m². The price per m² has decreased 86 % 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 $7,751.75 to $6,654.5 during March, and April.
Based upon to the price in Melville (suburbs), this has gone up in the last 6 months. In our first sample month during November, the average price is $553,667. In December This price remains at $544,714. During the following two months (January, February) the price has had an average incrementation from $549,190.5 to $584,483.5. Based on an analysis of the first four prices and the last two months the average price has gone up 110 % during the last two months.