The prices in real estate in Thorndon, in the Wellington region have remained the same in the last couple of months. The real estate prices for second hand homes have remained in this city.
The price per m² in Thorndon has remained the same in the last 6 months. In November, the average price per m² was $8,169. In the following month the price per m² increased to $8,884. In the following two months the price per m² has barely changed, going from $8,526.5 to $8,552 per m². The price per m² has decreased 89 % 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 $8,539.25 to $7,578.5 during March, and April.
Based upon to the price in Thorndon (suburbs), these have remained the same in the last 6 months. The average price for November is $898,750. During December the price had a slight fall till $803,400. During the following two months (January, February) the average price fell 88 % 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 risen strongly 131 % during the last two months.