The prices in real estate in Corner Brook, in the Newfoundland And Labrador 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.
The price per sq.feet in Corner Brook has had a strong decrease during the last 6 months. In October, the average price per sq.feet was $178. In November this price pretty much remained the same at a value of $178 per sq.feet. The price for the following two months in (December, January) had a considerable decrease of 46 with regard to the prior two months. The price per sq.feet has increased 107 % 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 $130.25 to $139.5 during February, and March.
Based upon to the price in Corner Brook (cities), this has fallen considerably in the last 6 months. In our first sample month during October, the average price is $293,285. In November This price remains at $293,285. During the following two months (December, January) the average price had a considerable reduction of 47 % 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 142 % during the last two months.
The graph showing the average price for bedrooms displays the property with the lowest price has 1 bedroom. It is 42 % cheaper than the average price of $194,706 in Corner Brook. Based on the bedrooms values, properties with the lowest prices are those with 1 bedroom. They are 42 % more affordable than the average aforementioned.
With regard to the average prices per sq.feet those properties with 1 bedroom are 14431 % more costly than the average price of ($21,942 / sq.feet) in Corner Brook. Properties with the most expensive price based upon to the number of bedrooms / sq.feet are those with 1 bedroom. They are 14431 % more costly than the average value aforementioned.
With regard to the average price based upon the property in Corner Brook we can see that the cheapest property type is "House" at a price of $194,706, they are 42 % more affordable than the average price of (!PRECIO2!). "House" has the lowest price. This price is 42 % more affordable than the average price aforementioned.
According to the average area price by sq.feet the most costly property type is "House with an average price of $21,942 / sq.feet. "House" at an average price of $21,942 / sq.feet has the most expensive price and would be directed at more affluent cities.