The prices in real estate in Takaro, in the Manawatu-Whanganui 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 Takaro has fallen in the last 6 months. In November, the average price per m² was $5,028. In the following month the price per m² increased to $5,342. The price for the following two months in (January, February) decreased 88 % 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 $4,873.75 to $4,577.5 during March, and April.
Based upon to the price in Takaro (suburbs), these have remained the same in the last 6 months. In our first sample month during November, the average price is $566,364. In December This price remains at $580,875. In the following two months the average price has remained the same with regard to the previous two months from $573,619.5 to $584,051. 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 $578,835.25 and $576,555.5 between March and April.