The prices in real estate in Paraparaumu, 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 Paraparaumu has remained the same in the last 6 months. In September, the average price per m² was $6,451. In October this price pretty much remained the same at a value of $6,253 per m². The price for the following two months in (November, December) had a considerable increment of 116 %. The price per m² has had a considerable deflation of 84 % 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 $6,872.5 to $5,743.5 during January, and February.
Based upon to the price in Paraparaumu (suburbs), this has gone downing the last 6 months. The average price for September is $939,056. During October the price had a slight fall till $845,118. During the following two months (November, December) the average price fell 93 % 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 94 %, going from $862,843.5 to $810,160.5 in January and February.