The prices in real estate in Mount Cook, in the Wellington 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 Mount Cook has remained the same in the last 6 months. In November, the average price per m² was $8,017. In December this price pretty much remained the same at a value of $7,651 per m². In the following two months the price per m² has increased 107 %, going from $7,834 to $8,400 per m². 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 $8,117 to $8,378 during March y April
Based upon to the price in Mount Cook (suburbs), this has gone downing the last 6 months. The average price during our first sample month during November, is $911,800. During December the price went through a considerable rise reaching $1,117,857. During the following two months (January, February) the average price had a considerable reduction of 79 % with regard to the previous two months. During the last two months the average price has had a strong fall compared to the previous four going from $910,733.75 to $724,319.5, which means a 80 % fall.