The prices in real estate in Bracebridge, in the Ontario region have had a strong rise in the last couple of months. The real estate prices for second hand homes have gone through a strong increase in this city.
The price per sq.feet in Bracebridge has increased strongly during the last 6 months. In November, the average price per sq.feet was $12,357. In the following month the price per sq.feet increased considerably to $16,771. The price for the following two months in (January, February) had a considerable increment of 172 %. The price per sq.feet has had a considerable deflation of 42 % 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 $19,773.75 to $8,278.5 during March, and April.
Based upon to the price in Bracebridge (cities), this has gone up considerably in the last 6 months. The average price during our first sample month during November, is $632,156. During December the price went through a considerable rise reaching $966,155. During the following two months (January, February) the average price had a considerable increase of 145 % 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 $980,355.5 to $807,757, which means a 82 % fall.
The graph displaying the average price for bedrooms illustrates that those properties with 1 bedroom are the cheapest ones. At a price of $759,579 they are 45 % more affordable than the average price for Bracebridge. The properties with the highest average price have 2 bedrooms, Their price is 33 % more costly than the average. After that we have properties with 4 bedrooms priced at $708,365.
With regard to the average price per sq.feet , those properties with 3 bedrooms are the cheapest ones at a cost of $454 / sq.feet, with an average $7,616 / sq.feet price in Bracebridge. The properties with the lowest average prices have 2 bedrooms. They are 90 % cheaper than the average followed by properties with 1 bedroom with a price at $757 / sq.feet.
With regard to the average price based upon the property in Bracebridge we can see that the cheapest property type is "Land" at a price of $412,782, they are 46 % more affordable than the average price of (!PRECIO2!). "Land" has the lowest price. This price is 46 % more affordable than the average price aforementioned.
According to the average area price by sq.feet the most costly property type is "Land with an average price of $32,427 / sq.feet. "Land" at an average price of $32,427 / sq.feet has the most expensive price and would be directed at more affluent cities.