Property prices for sale in Cornwall (Ontario)
The prices in real estate in Cornwall, 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.
The price per sq.feet in Cornwall has had a strong decrease during the last 6 months. In October, the average price per sq.feet was $1,090. In the following month the price per sq.feet decreased considerably to $610. The price for the following two months in (December, January) had a considerable decrease of 48 with regard to the prior two months. The price per sq.feet has had a considerable deflation of 80 % 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 $630.25 to $505 during February, and March.
Based upon to the price in Cornwall (cities), these have remained the same in the last 6 months. In our first sample month during October, the average price is $493,789. In November This price remains at $482,469. In the following two months the average price has remained the same with regard to the previous two months from $488,129 to $473,135.5. During the last two months, the average price has pretty much remained the same with regard to the previous average values going from an average value of $480,632.25 and $461,732 between February and March.
The graph displaying the average price for bedrooms illustrates that those properties with 4 bedrooms are the cheapest ones. At a price of $447,072 they are 32 % more affordable than the average price for Cornwall. The properties with the lowest average price have 2 bedrooms, Their price is 17 % cheaper than the average. After that we have properties with 3 bedrooms priced at $359,047.
With regard to the average price per sq.feet , those properties with 1 bedroom are the cheapest ones at a cost of $81 / sq.feet, with an average $565 / sq.feet price in Cornwall. The properties with the highest average prices have 3 bedrooms. They are 20455 % more expensive than the average followed by properties with 4 bedrooms with a price at $20,725 / sq.feet.
The graph displaying the average prices displays the property type "Apartment" as the most affordable one. At an cost of $447,072 it is 40 % cheaper than the average price in Cornwall. "House" is seen as the second most affordable property type. The cheapest type property is "House" followed by "Apartment". At a price of $269,468 it is 19 % more affordable than the average price.
According to the average cost per sq.feet, the most expensive property type would be "House" at an average cost of $45,034 / sq.feet followed by "Apartment" priced at $65,223 / sq.feet. "Apartment" is the most costly type of property with a $65,223 / sq.feet cost followed by "House" with an average price of $45,034 / sq.feet.
