Property prices for sale in Milton (Otago)
The prices in real estate in Milton, in the Otago 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 Milton has increased during the last 6 months. In October, the average price per m² was $3,248. In the following month the price per m² decreased to $3,077. In the following two months the price per m² has increased 109 %, going from $3,162.5 to $3,443.5 per m². The price per m² has had a considerable increase of 117 % 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 $3,303 to $3,874.5 during February, and March.
Based upon to the price in Milton (suburbs), this has gone up considerably in the last 6 months. The price in October is $429,692, rising in November till $473,417. During the following two months (December, January) the price has had an average incrementation from $451,554.5 to $501,869. Based on an analysis of the first four prices and the last two months the average price has risen strongly 122 % during the last two months.
