Property prices for sale in Chestermere (Alberta)
The prices in real estate in Chestermere, 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 Chestermere has increased strongly during the last 6 months. In October, the average price per sq.feet was $317. In November this price pretty much remained the same at a value of $311 per sq.feet. The price for the following two months in (December, January) had a considerable increment of 123 %. The price per sq.feet has had a considerable increase of 115 % 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 $349.75 to $403.5 during February, and March.
Based upon to the price in Chestermere (cities), this has gone up considerably in the last 6 months. In our first sample month during October, the average price is $627,271. In November This price remains at $624,595. During the following two months (December, January) the average price had a considerable increase of 128 % 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 127 % 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 $891,079 they are 35 % more affordable than the average price for Chestermere. The properties with the highest average price have 1 bedroom, Their price is 29 % more costly than the average. After that we have properties with 4 bedrooms priced at $903,057.
With regard to the average price per sq.feet , those properties with 2 bedrooms are the cheapest ones at a cost of $226 / sq.feet, with an average $392 / sq.feet price in Chestermere. The properties with the highest average prices have 1 bedroom. They are 113 % more expensive than the average followed by properties with 4 bedrooms with a price at $386 / sq.feet.
The graph displaying the average prices displays the property type "Condo" as the most affordable one. At an cost of $891,079 it is 63 % cheaper than the average price in Chestermere. "Apartment" is seen as the second most affordable property type. The cheapest type property is "House" followed by "Apartment". At a price of $573,132 it is 20 % more affordable than the average price.
According to the average cost per sq.feet, the cheapest property type is "Apartment" at an average cost of $221 / sq.feet followed by "House" priced at $318 / sq.feet. "Condo" is the cheapest type of property with a $325 / sq.feet value followed by "House" with an average price of $318 / sq.feet.
