Property prices for sale in Ngunguru (Northland)
The prices in real estate in Ngunguru, in the Northland 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 Ngunguru has fallen in the last 6 months. In November, the average price per m² was $4,739. In the following month the price per m² increased to $5,409. The price for the following two months in (January, February) had a considerable decrease of 72 with regard to the prior two months. The price per m² has decreased 93 % 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 $4,355.5 to $4,045 during March, and April.
Based upon to the price in Ngunguru (suburbs), this has fallen considerably in the last 6 months. The average price for November is $1,348,333. During December the price had a slight fall till $1,201,667. During the following two months (January, February) the average price had a considerable reduction of 71 % 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 $1,090,750 to $420,833.5, which means a 39 % fall.
