The prices in real estate in Welcome Bay, in the Bay Of Plenty 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 Welcome Bay has remained the same in the last 6 months. In October, the average price per m² was $6,538. In the following month the price per m² decreased to $6,101. In the following two months the price per m² has barely changed, going from $6,319.5 to $6,490 per m². The price per m² has increased 109 % 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 $6,404.75 to $6,983 during February, and March.
Based upon to the price in Welcome Bay (suburbs), this has gone downing the last 6 months. The average price for October is $960,222. During November the price had a slight fall till $893,231. During the following two months (December, January) the average price fell 94 % with regard to the previous two months. During the last two months, the average price has pretty much remained the same with regard to the previous average values going from an average value of $900,786.75 and $909,502.5 between February and March.