Property prices for sale in Remuera (Auckland)

The prices in real estate in Remuera, in the Auckland 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.

$1,976,768
Average price last 6 months
$16,357.17
Price/m² last 6 months
Average price per m2

The price per m² in Remuera has had a strong decrease during the last 6 months. In September, the average price per m² was $21,002. In October this price pretty much remained the same at a value of $20,173 per m². The price for the following two months in (November, December) decreased 93 % with regard to the prior two months. The price per m² has had a considerable deflation of 47 % 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 $19,874.5 to $9,322.5 during January, and February.

Average price

Based upon to the price in Remuera (suburbs), these have remained the same in the last 6 months. In our first sample month during September, the average price is $2,017,462. In October This price remains at $1,968,815. During the following two months (November, December) the price has had an average incrementation from $1,993,138.5 to $2,149,594. During the last two months, the average price has reduced with regard to the previous ones. To be precise it has gone down 86 %, going from $2,071,366.25 to $1,787,571.5 in January and February.

Charts data
Average price February
Average price per m² February
Number of properties used in Remuera
Number of properties used in region Auckland
$1,731,455
$8,556
216
18,412
** Graph's data with null or zero value are due to there isn't enough data available to get a reliable value
Other cities in region Auckland