Property prices for sale in Chatham (Ontario)

The prices in real estate in Chatham, 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.

$475,095
Average price last 6 months
$39,155.83
Price/sq.feet last 6 months
Average price per sq.feet

The price per sq.feet in Chatham has had a strong decrease during the last 6 months. In October, the average price per sq.feet was $90,326. In the following month the price per sq.feet increased to $95,621. The price for the following two months in (December, January) had a considerable decrease of 26 with regard to the prior two months. The price per sq.feet has had a considerable deflation of 1 % 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 $58,470.5 to $526.5 during February, and March.

Average price

Based upon to the price in Chatham (cities), these have remained the same in the last 6 months. In our first sample month during October, the average price is $470,728. In November This price remains at $457,241. In the following two months the average price has remained the same with regard to the previous two months from $463,984.5 to $456,167. Based on an analysis of the first four prices and the last two months the average price has gone up 110 % during the last two months.

Average price per bedrooms

The graph displaying the average price for bedrooms illustrates that those properties with 3 bedrooms are the cheapest ones. At a price of $509,909 they are 43 % more affordable than the average price for Chatham. The properties with the highest average price have 4 bedrooms, Their price is 23 % more costly than the average. After that we have properties with 1 bedroom priced at $344,448.

With regard to the average price per sq.feet , those properties with 4 bedrooms are the most costly ones at a cost of $3,875 / sq.feet, with an average $531 / sq.feet price in Chatham. The properties with the highest average prices have 1 bedroom. They are 30509 % more expensive than the average followed by properties with 2 bedrooms with a price at $124,736 / sq.feet.

Price per property type

The graph displaying the average prices displays the property type "Land" as the most affordable one. At an cost of $509,909 it is 45 % cheaper than the average price in Chatham. "Apartment" is seen as the second most affordable property type. The cheapest type property is "Apartment" followed by "Land". At a price of $281,060 it is 45 % more affordable than the average price.

According to the average cost per sq.feet, the most expensive property type would be "Land" at an average cost of $119,823 / sq.feet followed by "Apartment" priced at $120,427 / sq.feet. "Apartment" is the most costly type of property with a $120,427 / sq.feet cost followed by "Land" with an average price of $119,823 / sq.feet.

Charts data
Average price March
Average price per sq.feet March
Number of properties used in Chatham
Number of properties used in region Ontario
$509,909
$531
336
358,008
** Graph's data with null or zero value are due to there isn't enough data available to get a reliable value
931 Charing Cross Rd Road, Chatham, On, N7m 5h7 House For Sa.
 1
931 Charing Cross Rd Road, Chatham, On, N7m 5h7 House For Sa.
$694,900
Chatham, Ontario - For Sale - House - 883 sq.feet - 3 bedrooms - 2 bathrooms
Youll be delighted to own this beautifully landscaped treed lot with a 3 bedroom brick and stone ranch home located in south chatham. Newer 2.5 car garage (26 x 32) behind the home, is fully insulated...
9 Duskridge Rd, Chatham, On N7l 0g7 Mls# 24001187
 1
9 Duskridge Rd, Chatham, On N7l 0g7 Mls# 24001187
$599,900
Chatham, Ontario - For Sale - House - 1,510 sq.feet - 2 bedrooms - 2 bathrooms
Welcome home to this luxurious executive semi-detached ranch in sought after prestancia subdivision. Homes by bungalow (tarion awards of excellence candidate...
156 Rosewood Crescent
 1
156 Rosewood Crescent
$749,900
Chatham, Ontario - For Sale - House - 1,800 sq.feet - 3 bedrooms - 2 bathrooms
To be built- levant homes presents a new ranch in a highly desirable south side location, in new subdivision and close to highway 401. Main floor features 9...
490 Twilight Trail
 1
490 Twilight Trail
$799,000
Chatham, Ontario - For Sale - House - 1,824 sq.feet - 3 bedrooms - 4 bathrooms
Almost new! This spacious 2 storey home is located in a very desirable north side neighbourhood. Very close to schools, shopping, and scenic walking trails....
185 Valley Road
 1
185 Valley Road
$699,900
Chatham, Ontario - For Sale - House - 936 sq.feet - 3 bedrooms - 3 bathrooms
Nestled in a quiet desired neighbourhood in chatham. This ranch features a beautiful living room with high ceilings, lots of light and a gas fireplace. The main floor of this property features 3 bedrooms and 2...