The prices in real estate in Pukehangi, in the Bay Of Plenty 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 Pukehangi has fallen in the last 6 months. In October, the average price per m² was $5,339. In the following month the price per m² decreased to $5,070. The price for the following two months in (December, January) decreased 86 % with regard to the prior two months. The price per m² has had a considerable increase of 116 % 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 $4,838.75 to $5,626 during February, and March.
Based upon to the price in Pukehangi (suburbs), this has fallen considerably in the last 6 months. The average price for October is $985,625. During November the price had a slight fall till $853,308. During the following two months (December, January) the average price had a considerable reduction of 73 % 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 85 %, going from $796,822.5 to $677,833.5 in February and March.