The prices in real estate in Thames-coromandel, in the Coromandel 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.
The price per m² in Thames-coromandel has had a strong decrease during the last 6 months. In July, the average price per m² was $4,812. In August this price pretty much remained the same at a value of $4,974 per m². The price for the following two months in (September, October) had a considerable decrease of 0 with regard to the prior two months. The price per m² has had a considerable deflation of 0 % 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 $2,446.5 to during November, and December.
Based upon to the price in Thames-coromandel (suburbs), this has fallen considerably in the last 6 months. In our first sample month during July, the average price is $709,925. In August This price remains at $709,205. During the following two months (September, October) the average price had a considerable reduction of 0 % with regard to the previous two months. During the last two months the average price has had a strong fall compared to the previous four going from $354,782.5 to , which means a 0 % fall.