The prices in real estate in Alma, in the Quebec 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 sq.feet in Alma has increased strongly during the last 6 months. In October, the average price per sq.feet was $452. In the following month the price per sq.feet increased considerably to $535. The price for the following two months in (December, January) had a considerable increment of 180 %. The price per sq.feet has had a considerable increase of 417 % 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 $690.25 to $2,878.5 during February, and March.
Based upon to the price in Alma (cities), these have remained the same in the last 6 months. The price in October is $218,180, rising in November till $234,777. During the following two months (December, January) the price has had an average incrementation from $226,478.5 to $239,002. During the last two months, the average price has reduced with regard to the previous ones. To be precise it has gone down 89 %, going from $232,740.25 to $208,094 in February and March.
The graph displaying the average price for bedrooms illustrates that those properties with 4 bedrooms are the cheapest ones. At a price of $212,850 they are 21 % more affordable than the average price for Alma. The properties with the lowest average price have 1 bedroom, Their price is 21 % cheaper than the average. After that we have properties with 4 bedrooms priced at $167,156.
With regard to the average price per sq.feet , those properties with 4 bedrooms are the most costly ones at a cost of $78,224 / sq.feet, with an average $4,522 / sq.feet price in Alma. The properties with the highest average prices have 1 bedroom. They are 1637 % more expensive than the average followed by properties with 4 bedrooms with a price at $78,224 / 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 $167,156, they are 21 % more affordable than the average price of (!PRECIO2!). "House" has the lowest price. This price is 21 % 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 $78,224 / sq.feet. "House" at an average price of $78,224 / sq.feet has the most expensive price and would be directed at more affluent cities.