Property prices for sale in Ouruhia (Oroua County)
The prices in real estate in Ouruhia, in the Oroua County region have had a strong fall in the last couple of months. The real estate prices for second hand homes have gone through a strong fall in this city.
The price per m² in Ouruhia has had a strong decrease during the last 6 months. In November, the average price per m² was $838. In December this price pretty much remained the same at a value of $834 per m². The price for the following two months in (January, February) decreased 88 % with regard to the prior two months. The price per m² has had a considerable deflation of 30 % 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 $785.5 to $233.5 during March, and April.
Based upon to the price in Ouruhia (suburbs), this has fallen considerably in the last 6 months. The average price for November is $911,750. During December the price had a considerable reduction till $730,045. During the following two months (January, February) the average price fell 86 % 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 $764,189.75 to $369,500, which means a 48 % fall.
