Property prices for sale in Cranbrook (British Columbia)

The price per sq.feet in Cranbrook has increased strongly during the last 6 months. In October, the average price per sq.feet was $270. In the following month the price per sq.feet increased considerably to $25,235. The price for the following two months in (December, January) had a considerable decrease of 63 with regard to the prior two months. The price per sq.feet has had a considerable deflation of 3 % 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 $10,410.75 to $264.5 during February, and March.

Based upon to the price in Cranbrook (cities), this has fallen considerably in the last 6 months. The average price for October is $498,718. During November the price had a slight fall till $469,160. During the following two months (December, January) the average price had a considerable reduction of 82 % 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 92 %, going from $440,710.5 to $404,402.5 in February and March.

The graph displaying the average price for bedrooms illustrates that those properties with 1 bedroom are the cheapest ones. At a price of $442,439 they are 53 % more affordable than the average price for Cranbrook. The properties with the highest average price have 4 bedrooms, Their price is 48 % more costly than the average. After that we have properties with 3 bedrooms priced at $378,920.

With regard to the average price per sq.feet , those properties with 3 bedrooms are the cheapest ones at a cost of $225 / sq.feet, with an average $279 / sq.feet price in Cranbrook. The properties with the highest average prices have 1 bedroom. They are 35 % more expensive than the average followed by properties with 4 bedrooms with a price at $299 / sq.feet.

The graph displaying the average prices displays the property type "" as the most affordable one. At an cost of $442,439 it is 69 % cheaper than the average price in Cranbrook. "House" is seen as the second most affordable property type. The dearest property type is "House" followed by "". At a price of $136,992 it is 5 % more expensive than the average price.

According to the average area cost by sq.feet the cheapest property type is "House with an average price of $231 / sq.feet. "House" with an average cost of $231 / sq.feet has the lowest price and would be directed at less affluent cities.