The prices in real estate in Taradale, in the Hawkes Bay region have had a minor rise in the last couple of months. The real estate prices for second hand homes have risen in this city.
The price per m² in Taradale has increased during the last 6 months. In October, the average price per m² was $5,130. In the following month the price per m² increased to $5,827. In the following two months the price per m² has barely changed, going from $5,478.5 to $5,358.5 per m². 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 $5,418.5 to $5,638.5 during February y March
Based upon to the price in Taradale (suburbs), this has gone up considerably in the last 6 months. The average price during our first sample month during October, is $721,250. During November the price went through a considerable rise reaching $889,500. During the following two months (December, January) the average price had a considerable increase of 181 % 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 88 %, going from $1,132,794.75 to $993,514.5 in February and March.