The prices in real estate in Witherlea, in the Marlborough 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 Witherlea has increased strongly during the last 6 months. In November, the average price per m² was $2,304. In the following month the price per m² decreased to $2,003. The price for the following two months in (January, February) had a considerable increment of 135 %. The price per m² has had a considerable increase of 141 % 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 $2,528.5 to $3,565.5 during March, and April.
Based upon to the price in Witherlea (suburbs), these have remained the same in the last 6 months. The price in November is $778,714, rising in December till $829,889. In the following two months the average price has remained the same with regard to the previous two months from $804,301.5 to $774,468. 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 $789,384.75 and $757,369 between March and April.