Property prices for sale in Whakamarama (Bay Of Plenty)
The prices in real estate in Whakamarama, in the Bay Of Plenty 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 Whakamarama has increased strongly during the last 6 months. In November, the average price per m² was $3,591. In the following month the price per m² increased considerably to $5,627. The price for the following two months in (January, February) had a considerable increment of 150 %. The price per m² has had a considerable increase of 168 % 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 $5,759.5 to $9,662.5 during March, and April.
Based upon to the price in Whakamarama (suburbs), this has gone up considerably in the last 6 months. The average price during our first sample month during November, is $1,574,000. During December the price went through a considerable rise reaching $3,355,556. During the following two months (January, February) the price has had an average incrementation from $2,464,778 to $2,634,545.5. During the last two months the average price has had a strong fall compared to the previous four going from $2,549,661.75 to $1,853,410.5, which means a 73 % fall.
