The average price in the Manawatu-Whanganui region has had a slight increase in recent months. There has been an inflation in the prices in this region.
The price per m² in Manawatu-Whanganui has increased in the last 6 months. During October, the average price per m² was $4,338. In November the price pretty much stayed the same at $4,363 per m². The following two months (December, January) went through an increase of 106 % in the price per m² rising from $4,350.5 to $4,621 per m². In the last two months, the price has stayed the same with regard to the average value for the last 4 months going from an average price per m² of $4,485.75 to $4,599 during February and March.
Based upon to the price in Manawatu-Whanganui(region), this has increased in the last 6 months. The average price in October is $601,100. In November the price increased to $634,172. The average price for the following two months (December, January) increased from $617,636 to $660,393.5. During the last two months the average price has remained stagnant and has gone from $639,014.75 to $667,886 during February and March.
The graph displaying the the average price per number of bedrooms shows that those with 1 bedroom are the cheapest ones. They are 34 % more affordable than the average price in Manawatu-Whanganui followed by those with 2 with an average price of $491,609. The most costly properties have 4 bedrooms. They are 30 % more expensive than the average followed by those properties with 3 bedrooms priced at $587,486.
Based on the average price per m² those properties with 4 bedrooms are the cheapest ones with a price of $4,266 / m² being $4,660 / m² the average value within the Manawatu-Whanganui region. The properties with the most expensive average price are those with 1 bedroom. These are 22 % more costly than the average followed by those with 2 bedrooms with a price of $4,823 / m².
The graph displaying the average price according to the property type shows "Apartment" as the cheapest one. With an average cost of $663,373 it is 29 % more affordable than the average in Manawatu-Whanganui. This is followed by "House" with a price of $676,421. The dearest property type is "House" and is 2 % more expensive than the average, followed by "Apartment" with a cost of $473,184.
Based on the average cost per m² the cheapest property type is "Apartment with a an average cost of $388 / m², followed by "House" with a price of $4,506 / m². "House" with an average price of $4,506 / m² is the cheapest type of property followed by "Apartment" at a price of $388 / m².