The prices in real estate in Brantford, 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 Brantford has increased strongly during the last 6 months. In October, the average price per sq.feet was $1,529. In the following month the price per sq.feet increased considerably to $7,471. The price for the following two months in (December, January) had a considerable increment of 403 %. The price per sq.feet has had a considerable increase of 235 % 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 $11,328 to $26,586 during February, and March.
Based upon to the price in Brantford (cities), this has gone up considerably in the last 6 months. The price in October is $587,898, rising in November till $672,078. During the following two months (December, January) the price has had an average incrementation from $629,988 to $723,244.5. Based on an analysis of the first four prices and the last two months the average price has gone up 106 % during the last two months.
The graph displaying the average price for bedrooms illustrates that those properties with 2 bedrooms are the cheapest ones. At a price of $703,473 they are 42 % more affordable than the average price for Brantford. The properties with the lowest average price have 4 bedrooms, Their price is 1 % cheaper than the average. After that we have properties with 3 bedrooms priced at $476,516.
With regard to the average price per sq.feet , those properties with 3 bedrooms are the cheapest ones at a cost of $350 / sq.feet, with an average $44,521 / sq.feet price in Brantford. The properties with the highest average prices have 1 bedroom. They are 293 % more expensive than the average followed by properties with 2 bedrooms with a price at $11,943 / sq.feet.
The graph displaying the average prices displays the property type "Apartment" as the most affordable one. At an cost of $703,473 it is 47 % cheaper than the average price in Brantford. "Condo" is seen as the second most affordable property type. The dearest property type is "Land" followed by "House". At a price of $575,036 it is 529 % more expensive than the average price.
According to the average cost per sq.feet, the cheapest property type is "House" at an average cost of $1,490 / sq.feet followed by "Apartment" priced at $71,171 / sq.feet. "Land" is the most costly type of property with a $260,194 / sq.feet cost followed by "Condo" with an average price of $80,806 / sq.feet.