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 May, the average price per m² was $4,051. In the following month the price per m² increased considerably to $4,978. In the following two months the price per m² has increased 108 %, going from $4,514.5 to $4,893 per m². 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 $4,703.75 to during September, and October.
Based upon to the price in Thames-coromandel (suburbs), this has fallen considerably in the last 6 months. In our first sample month during May, the average price is $715,638. In June This price remains at $747,500. In the following two months the average price has remained the same with regard to the previous two months from $731,569 to $709,565. During the last two months the average price has had a strong fall compared to the previous four going from $720,567 to , which means a 0 % fall.