Property prices for sale in Camrose (Alberta)
The prices in real estate in Camrose, in the Alberta 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 Camrose has increased strongly during the last 6 months. In October, the average price per sq.feet was $257. In November this price pretty much remained the same at a value of $260 per sq.feet. In the following two months the price per sq.feet has increased 113 %, going from $258.5 to $292 per sq.feet. The price per sq.feet has had a considerable increase of 116 % 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 $275.25 to $320 during February, and March.
Based upon to the price in Camrose (cities), this has gone up considerably in the last 6 months. In our first sample month during October, the average price is $333,552. In November This price remains at $341,180. During the following two months (December, January) the average price had a considerable increase of 121 % with regard to the previous two months. Based on an analysis of the first four prices and the last two months the average price has risen strongly 121 % 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 $457,927 they are 63 % more affordable than the average price for Camrose. The properties with the lowest average price have 4 bedrooms, Their price is 31 % cheaper than the average. After that we have properties with 3 bedrooms priced at $311,076.
With regard to the average price per sq.feet , those properties with 1 bedroom are the cheapest ones at a cost of $224 / sq.feet, with an average $311 / sq.feet price in Camrose. The properties with the lowest average prices have 3 bedrooms. They are 14 % cheaper than the average followed by properties with 4 bedrooms with a price at $246 / sq.feet.
The graph displaying the average prices displays the property type "Condo" as the most affordable one. At an cost of $457,927 it is 79 % cheaper than the average price in Camrose. "House" is seen as the second most affordable property type. The cheapest type property is "Apartment" followed by "House". At a price of $285,467 it is 36 % 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 $111 / sq.feet followed by "Apartment" priced at $204 / sq.feet. "House" is the most costly type of property with a $1,120 / sq.feet cost followed by "Apartment" with an average price of $204 / sq.feet.
