Property prices for sale in Rawene (Northland)

The price per m² in Rawene has had a strong decrease during the last 6 months. In November, the average price per m² was $4,358. In the following month the price per m² decreased considerably to $3,102. In the following two months the price per m² has increased 106 %, going from $3,730 to $3,951 per m². The price per m² has had a considerable deflation of 71 % 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 $3,840.5 to $2,723.5 during March, and April.

Based upon to the price in Rawene (suburbs), this has gone downing the last 6 months. In our first sample month during November, the average price is $530,800. In December This price remains at $531,000. During the following two months (January, February) the price has had an average incrementation from $530,900 to $569,625. During the last two months the average price has had a strong fall compared to the previous four going from $550,262.5 to $321,714.5, which means a 58 % fall.