The prices in real estate in Alma, in the Quebec region have had a strong fall in the last couple of months. The real estate prices for second hand homes have gone through a strong fall in this city.
The price per sq.feet in Alma has had a strong decrease during the last 6 months. In October, the average price per sq.feet was $649. In the following month the price per sq.feet decreased considerably to $291. The price for the following two months in (December, January) had a considerable decrease of 70 with regard to the prior two months. The price per sq.feet has had a considerable deflation of 74 % 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 sq.feet of $400.5 to $298 during February, and March.
Based upon to the price in Alma (cities), this has fallen considerably in the last 6 months. The average price for October is $421,667. During November the price had a considerable reduction till $342,211. During the following two months (December, January) the average price fell 87 % with regard to the previous two months. During the last two months the average price has had a strong fall compared to the previous four going from $356,434 to $249,469, which means a 70 % fall.
The graph displaying the average price for bedrooms illustrates that those properties with 4 bedrooms are the cheapest ones. At a price of $236,375 they are 32 % more affordable than the average price for Alma. The properties with the lowest average price have 1 bedroom, Their price is 32 % cheaper than the average. After that we have properties with 4 bedrooms priced at $161,226.
With regard to the average price per sq.feet , those properties with 4 bedrooms are the most costly ones at a cost of $75,440 / sq.feet, with an average $278 / sq.feet price in Alma. The properties with the highest average prices have 1 bedroom. They are 27146 % more expensive than the average followed by properties with 4 bedrooms with a price at $75,440 / sq.feet.
With regard to the average price based upon the property in Alma we can see that the cheapest property type is "House" at a price of $161,226, they are 32 % more affordable than the average price of (!PRECIO2!). "House" has the lowest price. This price is 32 % more affordable than the average price aforementioned.
According to the average area price by sq.feet the most costly property type is "House with an average price of $75,440 / sq.feet. "House" at an average price of $75,440 / sq.feet has the most expensive price and would be directed at more affluent cities.