The prices in real estate in Opua, in the Northland 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 Opua has increased during the last 6 months. In November, the average price per m² was $4,049. In the following month the price per m² increased to $4,318. In the following two months the price per m² has increased 106 %, going from $4,183.5 to $4,437 per m². The price per m² has increased 111 % 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 $4,310.25 to $4,788.5 during March, and April.
Based upon to the price in Opua (suburbs), this has gone up considerably in the last 6 months. In our first sample month during November, the average price is $1,060,429. In December This price remains at $1,103,714. During the following two months (January, February) the average price had a considerable increase of 116 % with regard to the previous two months. Based on an analysis of the first four prices and the last two months the average price has gone up 107 % during the last two months.