The average price in the Southland region has had same value in recent months. Prices in this region have remained pretty much stagnant.
The price per m² in Southland has remained stagnant in the last 6 months. During October, the average price per m² was $3,861. The following month the price decreased to $3,568 per m². The price per m² for the following two months practically stayed the same, going from $3,714.5 to $3,754 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 $3,734.25 to $3,670 during February and March.
Based upon to the price in Southland(region), these have remained the same in the last 6 months. In the first month sample October the average price is $553,341. In November the price was the same at $556,486. The average price for the following two months (December, January) decreased 93 % compared to the prior two. During the last two months the average price has remained stagnant and has gone from $535,671.75 to $532,222 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 48 % more affordable than the average price in Southland followed by those with 2 with an average price of $377,769. The most costly properties have 4 bedrooms. They are 30 % more expensive than the average followed by those properties with 3 bedrooms priced at $509,700.
Based on the average price per m² those properties with 4 bedrooms are the cheapest ones with a price of $3,339 / m² being $3,750 / m² the average value within the Southland region. The properties with the most expensive average price are those with 1 bedroom. These are 18 % more costly than the average followed by those with 3 bedrooms with a price of $3,745 / m².
The graph displaying the average price according to the property type shows "Section" as the cheapest one. With an average cost of $547,225 it is 55 % more affordable than the average in Southland. This is followed by "Townhouse" with a price of $495,901. The dearest property type is "Apartment" and is 40 % more expensive than the average, followed by "House" with a cost of $541,288.
Based on the average cost per m² the cheapest property type is "Section with a an average cost of $267 / m², followed by "Townhouse" with a price of $1,055 / m². "House" with an average price of $3,722 / m² is the cheapest type of property followed by "Apartment" at a price of $1,322 / m².