The prices in real estate in Porirua, in the Wellington 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 Porirua has increased during the last 6 months. In April, the average price per m² was $3,286. In the following month the price per m² increased to $3,585. The price for the following two months in (June, July) had a considerable increment of 115 %. The price per m² has decreased 88 % 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 $3,700.5 to $3,247 during August, and September.
Based upon to the price in Porirua (suburbs), this has gone up considerably in the last 6 months. In our first sample month during April, the average price is $583,789. In May This price remains at $602,750. During the following two months (June, July) the average price had a considerable increase of 118 % 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.
The graph showing the average price for bedrooms displays the property with the lowest price has 1 bedroom. It is 0 % cheaper than the average price of $687,661 in Porirua. Based on the bedrooms values, properties with the lowest prices are those with 1 bedroom. They are 0 % more affordable than the average aforementioned.
With regard to the average prices per m² those properties with 1 bedroom are 0 % cheaper than the average price of ($3,117 / m²) in Porirua. Properties with the most affordable price based upon to the number of bedrooms / m² are those with 1 bedroom. They are 0 % cheaper than the average value aforementioned.
With regard to the average price based upon the property in Porirua we can see that the cheapest property type is "House" at a price of $687,661, they are 0 % more affordable than the average price of (!PRECIO2!). "House" has the lowest price. This price is 0 % more affordable than the average price aforementioned.
According to the average area cost by m² the cheapest property type is "House with an average price of $3,117 / m². "House" with an average cost of $3,117 / m² has the lowest price and would be directed at less affluent cities.