The prices in real estate in Porirua, in the Wellington region have had a minor fall in the last couple of months. The real estate prices for second hand homes have fallen in this city
The price per m² in Porirua has fallen in the last 6 months. In June, the average price per m² was $3,858. In the following month the price per m² increased to $4,073. The price for the following two months in (August, September) had a considerable decrease of 82 with regard to the prior two months. The price per m² has decreased 94 % 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 $3,606.25 to $3,373.5 during October, and November.
Based upon to the price in Porirua (suburbs), this has gone downing the last 6 months. The average price for June is $734,364. During July the price had a slight fall till $670,591. In the following two months the average price has remained the same with regard to the previous two months from $702,477.5 to $690,684.5. 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 $696,581 and $662,655.5 between October and November.
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 $677,650 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 ($3,273 / 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 $677,650, 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 $3,273 / m². "House" with an average cost of $3,273 / m² has the lowest price and would be directed at less affluent cities.