The prices in real estate in Warkworth, in the Auckland region have had a strong rise in the last couple of months. The real estate prices for second hand homes have gone through a strong increase in this city.
The price per m² in Warkworth has increased strongly during the last 6 months. In November, the average price per m² was $5,964. In the following month the price per m² increased considerably to $7,078. In the following two months the price per m² has barely changed, going from $6,521 to $6,585 per m². The price per m² has had a considerable increase of 123 % 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 $6,553 to $8,053.5 during March, and April.
Based upon to the price in Warkworth (suburbs), these have remained the same in the last 6 months. The price in November is $1,105,434, rising in December till $1,244,984. In the following two months the average price has remained the same with regard to the previous two months from $1,175,209 to $1,166,855.5. During the last two months, the average price has reduced with regard to the previous ones. To be precise it has gone down 94 %, going from $1,171,032.25 to $1,098,742 in March and April.