The prices in real estate in Whangamata, in the Coromandel 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 Whangamata has remained the same in the last 6 months. In November, the average price per m² was $9,178. In December this price pretty much remained the same at a value of $9,526 per m². In the following two months the price per m² has increased 106 %, going from $9,352 to $9,870.5 per m². The price per m² has decreased 92 % 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 $9,611.25 to $8,873 during March, and April.
Based upon to the price in Whangamata (suburbs), this has gone up in the last 6 months. In our first sample month during November, the average price is $1,055,579. In December This price remains at $1,072,412. During the following two months (January, February) the price has had an average incrementation from $1,063,995.5 to $1,182,967.5. Based on an analysis of the first four prices and the last two months the average price has gone up 106 % during the last two months.