The prices in real estate in Bromont, in the Quebec 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 Bromont has increased strongly during the last 6 months. In October, the average price per sq.feet was $510. In the following month the price per sq.feet increased to $559. The price for the following two months in (December, January) had a considerable increment of 160 %. The price per sq.feet has had a considerable increase of 197 % 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 $694.5 to $1,367 during February, and March.
Based upon to the price in Bromont (cities), this has gone up considerably in the last 6 months. The average price during our first sample month during October, is $549,106. During November the price went through a considerable rise reaching $635,019. During the following two months (December, January) the price has had an average incrementation from $592,062.5 to $662,177.5. 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 1 bedroom are the cheapest ones. At a price of $702,692 they are 50 % more affordable than the average price for Bromont. The properties with the lowest average price have 4 bedrooms, Their price is 48 % cheaper than the average. After that we have properties with 1 bedroom priced at $349,076.
With regard to the average price per sq.feet , those properties with 4 bedrooms are the cheapest ones at a cost of $166 / sq.feet, with an average $1,363 / sq.feet price in Bromont. The properties with the highest average prices have 1 bedroom. They are 52 % more expensive than the average followed by properties with 4 bedrooms with a price at $166 / sq.feet.
The graph displaying the average prices displays the property type "Apartment" as the most affordable one. At an cost of $702,692 it is 62 % cheaper than the average price in Bromont. "Condo" is seen as the second most affordable property type. The cheapest type property is "House" followed by "Land". At a price of $348,773 it is 44 % more affordable than the average price.
According to the average cost per sq.feet, the cheapest property type is "Condo" at an average cost of $234 / sq.feet followed by "House" priced at $929 / sq.feet. "Apartment" is the most costly type of property with a $2,673 / sq.feet cost followed by "Land" with an average price of $1,882 / sq.feet.