The prices in real estate in Te Atatu South, in the Auckland 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 Te Atatu South has fallen in the last 6 months. In November, the average price per m² was $8,393. In December this price pretty much remained the same at a value of $8,227 per m². The price for the following two months in (January, February) decreased 94 % with regard to the prior two months. The price per m² has decreased 86 % 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 $8,064 to $6,950 during March, and April.
Based upon to the price in Te Atatu South (suburbs), these have remained the same in the last 6 months. In our first sample month during November, the average price is $759,000. In December This price remains at $732,846. During the following two months (January, February) the average price fell 94 % with regard to the previous two months. Based on an analysis of the first four prices and the last two months the average price has gone up 113 % during the last two months.