Property prices for sale in Belcarra (British Columbia)
The prices in real estate in Belcarra, in the British Columbia 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 Belcarra has had a strong decrease during the last 6 months. In October, the average price per sq.feet was $1,117. In November this price pretty much remained the same at a value of $1,117 per sq.feet. In the following two months the price per sq.feet has barely changed, going from $1,117 to $1,142.5 per sq.feet. The price per sq.feet has had a considerable deflation of 52 % 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 $1,129.75 to $591.5 during February, and March.
Based upon to the price in Belcarra (cities), this has gone downing the last 6 months. In our first sample month during October, the average price is $4,713,250. In November This price remains at $4,713,250. During the following two months (December, January) the average price had a considerable increase of 121 % 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 $5,202,545 to $2,754,421.5, which means a 53 % fall.
