The prices in real estate in Bradford, 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 Bradford has increased strongly during the last 6 months. In November, the average price per sq.feet was $657. In the following month the price per sq.feet increased considerably to $915. In the following two months the price per sq.feet has increased 112 %, going from $786 to $881.5 per sq.feet. The price per sq.feet has barely changed in the last two months compared to the average price of the previous four months going from an average price of $833.75 to $803 during March y April
Based upon to the price in Bradford (cities), this has gone up considerably in the last 6 months. The average price during our first sample month during November, is $959,380. During December the price went through a considerable rise reaching $1,289,867. During the following two months (January, February) the price has had an average incrementation from $1,124,623.5 to $1,257,906.5. During the last two months, the average price has reduced with regard to the previous ones. To be precise it has gone down 92 %, going from $1,191,265 to $1,097,571 in March and April.
The graph displaying the average price for bedrooms illustrates that those properties with 4 bedrooms are the cheapest ones. At a price of $1,352,571 they are 41 % more affordable than the average price for Bradford. The properties with the lowest average price have 1 bedroom, Their price is 40 % cheaper than the average. After that we have properties with 2 bedrooms priced at $806,655.
With regard to the average price per sq.feet , those properties with 4 bedrooms are the cheapest ones at a cost of $268 / sq.feet, with an average $1,030 / sq.feet price in Bradford. The properties with the lowest average prices have 1 bedroom. They are 73 % cheaper than the average followed by properties with 2 bedrooms with a price at $273 / sq.feet.
With regard to the average price based upon the property in Bradford we can see that the cheapest property type is "Apartment" at a price of $802,627, they are 41 % more affordable than the average price of (!PRECIO2!). "Apartment" has the lowest price. This price is 41 % more affordable than the average price aforementioned.
According to the average area cost by sq.feet the cheapest property type is "Apartment with an average price of $268 / sq.feet. "Apartment" with an average cost of $268 / sq.feet has the lowest price and would be directed at less affluent cities.