The prices in real estate in Ruawai, in the Northland 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 Ruawai has fallen in the last 6 months. In November, the average price per m² was $4,437. In December this price pretty much remained the same at a value of $4,604 per m². The price for the following two months in (January, February) had a considerable decrease of 83 with regard to the prior two months. The price per m² has barely changed in the last two months compared to the average price of the previous four months going from an average price of $4,134.5 to $3,969 during March y April
Based upon to the price in Ruawai (suburbs), these have remained the same in the last 6 months. The price in November is $504,000, rising in December till $579,000. During the following two months (January, February) the average price fell 89 % 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 94 %, going from $511,392.75 to $479,962.5 in March and April.