Property prices for sale in Bowmanville (Ontario)
The prices in real estate in Bowmanville, 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 Bowmanville has had a strong decrease during the last 6 months. In October, the average price per sq.feet was $1,072. In the following month the price per sq.feet decreased to $966. The price for the following two months in (December, January) had a considerable decrease of 60 with regard to the prior two months. The price per sq.feet has had a considerable deflation of 63 % 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 $813.75 to $514.5 during February, and March.
Based upon to the price in Bowmanville (cities), this has fallen considerably in the last 6 months. In our first sample month during October, the average price is $986,700. In November This price remains at $965,360. During the following two months (December, January) the average price had a considerable reduction of 76 % 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 $857,368 to $726,343.5, which means a 85 % fall.
