The prices in real estate in Merrilands, in the Taranaki 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 Merrilands has fallen in the last 6 months. In November, the average price per m² was $4,752. In December this price pretty much remained the same at a value of $4,520 per m². The price for the following two months in (January, February) decreased 94 % with regard to the prior two months. The price per m² has barely changed in the last two months compared to the average price of the previous four months going from an average price of $4,498.5 to $4,379 during March y April
Based upon to the price in Merrilands (suburbs), this has gone up in the last 6 months. In our first sample month during November, the average price is $800,286. In December This price remains at $782,000. During the following two months (January, February) the price has had an average incrementation from $791,143 to $890,187.5. During the last two months, the average price has pretty much remained the same with regard to the previous average values going from an average value of $840,665.25 and $866,500 between March and April.