The prices in real estate in Tuatapere, in the Southland 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 Tuatapere has increased during the last 6 months. In November, the average price per m² was $2,542. In December this price pretty much remained the same at a value of $2,566 per m². In the following two months the price per m² has increased 106 %, going from $2,554 to $2,697 per m². The price per m² has had a considerable increase of 117 % 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 $2,625.5 to $3,066 during March, and April.
Based upon to the price in Tuatapere (suburbs), this has gone up considerably in the last 6 months. In our first sample month during November, the average price is $312,375. In December This price remains at $324,333. During the following two months (January, February) the average price had a considerable increase of 123 % 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 124 % during the last two months.