The prices in real estate in Blind Bay, 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 Blind Bay has had a strong decrease during the last 6 months. In November, the average price per sq.feet was $557. In the following month the price per sq.feet decreased considerably to $466. The price for the following two months in (January, February) decreased 88 % with regard to the prior two months. The price per sq.feet has decreased 93 % 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 $480.75 to $449 during March, and April.
Based upon to the price in Blind Bay (cities), these have remained the same in the last 6 months. The average price for November is $1,386,444. During December the price had a slight fall till $1,282,308. During the following two months (January, February) the average price fell 94 % 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 risen strongly 129 % during the last two months.