Property prices for sale in Cobourg (Ontario)
The prices in real estate in Cobourg, in the Ontario region have remained the same in the last couple of months. The real estate prices for second hand homes have remained in this city.
The price per sq.feet in Cobourg has remained the same in the last 6 months. In October, the average price per sq.feet was $776. In November this price pretty much remained the same at a value of $779 per sq.feet. In the following two months the price per sq.feet has barely changed, going from $777.5 to $747.5 per sq.feet. The price per sq.feet has increased 114 % 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 $762.5 to $866 during February, and March.
Based upon to the price in Cobourg (cities), this has gone up considerably in the last 6 months. In our first sample month during October, the average price is $767,566. In November This price remains at $764,017. During the following two months (December, January) the average price had a considerable increase of 142 % with regard to the previous two months. During the last two months, the average price has reduced with regard to the previous ones. To be precise it has gone down 90 %, going from $925,772.75 to $830,064.5 in February and March.
The graph displaying the average price for bedrooms illustrates that those properties with 2 bedrooms are the cheapest ones. At a price of $762,329 they are 16 % more affordable than the average price for Cobourg. The properties with the highest average price have 4 bedrooms, Their price is 28 % more costly than the average. After that we have properties with 1 bedroom priced at $818,905.
With regard to the average price per sq.feet , those properties with 3 bedrooms are the most costly ones at a cost of $819 / sq.feet, with an average $790 / sq.feet price in Cobourg. The properties with the highest average prices have 1 bedroom. They are 65 % more expensive than the average followed by properties with 4 bedrooms with a price at $920 / sq.feet.
The graph displaying the average prices displays the property type "Condo" as the most affordable one. At an cost of $762,329 it is 18 % cheaper than the average price in Cobourg. "House" is seen as the second most affordable property type. The dearest property type is "House" followed by "Condo". At a price of $624,347 it is 10 % 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 $688 / sq.feet followed by "House" priced at $807 / sq.feet. "House" is the most costly type of property with a $807 / sq.feet cost followed by "Condo" with an average price of $688 / sq.feet.
