The prices in real estate in Brantford, 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 Brantford has had a strong decrease during the last 6 months. In October, the average price per sq.feet was $1,192. In November this price pretty much remained the same at a value of $1,153 per sq.feet. The price for the following two months in (December, January) had a considerable decrease of 44 with regard to the prior two months. The price per sq.feet has had a considerable deflation of 65 % 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 $844.5 to $546 during February, and March.
Based upon to the price in Brantford (cities), this has gone up in the last 6 months. The average price for October is $684,654. During November the price had a slight fall till $610,404. During the following two months (December, January) the price has had an average incrementation from $647,529 to $725,895.5. Based on an analysis of the first four prices and the last two months the average price has risen strongly 116 % 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 $814,006 they are 40 % more affordable than the average price for Brantford. The properties with the highest average price have 4 bedrooms, Their price is 46 % more costly than the average. After that we have properties with 3 bedrooms priced at $809,447.
With regard to the average price per sq.feet , those properties with 4 bedrooms are the cheapest ones at a cost of $513 / sq.feet, with an average $546 / sq.feet price in Brantford. The properties with the highest average prices have 1 bedroom. They are 14 % more expensive than the average followed by properties with 3 bedrooms with a price at $599 / sq.feet.
The graph displaying the average prices displays the property type "Land" as the most affordable one. At an cost of $814,006 it is 42 % cheaper than the average price in Brantford. "Condo" is seen as the second most affordable property type. The dearest property type is "Townhouse" followed by "House". At a price of $917,308 it is 427 % more expensive than the average price.
According to the average cost per sq.feet, the cheapest property type is "Condo" at an average cost of $533 / sq.feet followed by "House" priced at $544 / sq.feet. "Land" is the most costly type of property with a $375,487 / sq.feet cost followed by "Townhouse" with an average price of $252,232 / sq.feet.