Property prices for sale in Nelson (Nelson Bays)

The price per m² in Nelson has increased strongly during the last 6 months. In October, the average price per m² was $3,854. In the following month the price per m² decreased to $3,503. The price for the following two months in (December, January) had a considerable increment of 116 %. The price per m² has had a considerable increase of 131 % 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 $3,964.75 to $5,174.5 during February, and March.

Based upon to the price in Nelson (suburbs), this has gone downing the last 6 months. In our first sample month during October, the average price is $867,138. In November This price remains at $889,100. During the following two months (December, January) the average price fell 91 % with regard to the previous two months. During the last two months, the average price has reduced with regard to the previous ones. To be precise it has gone down 90 %, going from $839,594 to $757,602.5 in February and March.