The prices in real estate in Pirongia, in the Waikato 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 Pirongia has had a strong decrease during the last 6 months. In November, the average price per m² was $5,027. In the following month the price per m² decreased considerably to $3,824. The price for the following two months in (January, February) had a considerable decrease of 56 with regard to the prior two months. The price per m² has had a considerable increase of 146 % 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 $3,452.25 to $5,033.5 during March, and April.
Based upon to the price in Pirongia (suburbs), these have remained the same in the last 6 months. In our first sample month during November, the average price is $1,060,580. In December This price remains at $1,089,567. In the following two months the average price has remained the same with regard to the previous two months from $1,075,073.5 to $1,112,275.5. During the last two months, the average price has pretty much remained the same with regard to the previous average values going from an average value of $1,093,674.5 and $1,053,883 between March and April.