Property prices for sale in Bayfield (Ontario)
The prices in real estate in Bayfield, in the Ontario 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 Bayfield has had a strong decrease during the last 6 months. In November, the average price per sq.feet was $29,149. In the following month the price per sq.feet decreased to $25,556. The price for the following two months in (January, February) had a considerable decrease of 2 with regard to the prior two months. The price per sq.feet has had a considerable deflation of 4 % 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 $13,975.5 to $606.5 during March, and April.
Based upon to the price in Bayfield (cities), this has fallen considerably in the last 6 months. The average price for November is $1,097,670. During December the price had a slight fall till $1,010,449. During the following two months (January, February) the average price had a considerable reduction of 61 % with regard to the previous two months. Based on an analysis of the first four prices and the last two months the average price has gone up 106 % during the last two months.
