The prices in real estate in Bracebridge, 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 Bracebridge has had a strong decrease during the last 6 months. In November, the average price per sq.feet was $16,315. In the following month the price per sq.feet decreased considerably to $11,504. The price for the following two months in (January, February) had a considerable decrease of 3 with regard to the prior two months. The price per sq.feet has had a considerable deflation of 5 % 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 $7,193.25 to $357.5 during March, and April.
Based upon to the price in Bracebridge (cities), this has gone up considerably in the last 6 months. In our first sample month during November, the average price is $759,202. In December This price remains at $762,631. During the following two months (January, February) the average price had a considerable increase of 143 % 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 153 % during the last two months.
The graph displaying the average price for bedrooms illustrates that those properties with 1 bedroom are the cheapest ones. At a price of $1,268,379 they are 56 % more affordable than the average price for Bracebridge. The properties with the highest average price have 4 bedrooms, Their price is 16 % more costly than the average. After that we have properties with 3 bedrooms priced at $878,470.
With regard to the average price per sq.feet , those properties with 3 bedrooms are the most costly ones at a cost of $601 / sq.feet, with an average $344 / sq.feet price in Bracebridge. The properties with the highest average prices have 4 bedrooms. They are 36450 % more expensive than the average followed by properties with 2 bedrooms with a price at $13,961 / sq.feet.
The graph displaying the average prices displays the property type "Condo" as the most affordable one. At an cost of $1,268,379 it is 50 % cheaper than the average price in Bracebridge. "House" is seen as the second most affordable property type. The cheapest type property is "House" followed by "Condo". At a price of $632,330 it is 32 % more affordable than the average price.
According to the average cost per sq.feet, the most expensive property type would be "Condo" at an average cost of $563 / sq.feet followed by "House" priced at $3,801 / sq.feet. "House" is the most costly type of property with a $3,801 / sq.feet cost followed by "Condo" with an average price of $563 / sq.feet.