The prices in real estate in Milson, in the Manawatu-Whanganui region have had a strong rise in the last couple of months. The real estate prices for second hand homes have gone through a strong increase in this city.
The price per m² in Milson has increased strongly during the last 6 months. In October, the average price per m² was $3,953. In the following month the price per m² increased considerably to $4,716. In the following two months the price per m² has barely changed, going from $4,334.5 to $4,460 per m². The price per m² has increased 109 % 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 $4,397.25 to $4,776.5 during February, and March.
Based upon to the price in Milson (suburbs), this has gone up in the last 6 months. In our first sample month during October, the average price is $709,000. In November This price remains at $704,250. In the following two months the average price has remained the same with regard to the previous two months from $706,625 to $739,554.5. 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.