The prices in real estate in Dartmouth, in the Nova Scotia region have had a minor fall in the last couple of months. The real estate prices for second hand homes have fallen in this city
The price per sq.feet in Dartmouth has fallen in the last 6 months. In March, the average price per sq.feet was $388. In the following month the price per sq.feet decreased to $349. The price for the following two months in (May, June) decreased 91 % with regard to the prior two months. The price per sq.feet has decreased 90 % 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 $351.75 to $315.5 during July, and August.
Based upon to the price in Dartmouth (cities), these have remained the same in the last 6 months. The average price for March is $566,668. During April the price had a slight fall till $534,160. During the following two months (May, June) the price has had an average incrementation from $550,414 to $590,660.5. Based on an analysis of the first four prices and the last two months the average price has gone up 106 % 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 $600,431 they are 19 % more affordable than the average price for Dartmouth. The properties with the highest average price have 1 bedroom, Their price is 68 % more costly than the average. After that we have properties with 4 bedrooms priced at $657,960.
With regard to the average price per sq.feet , those properties with 4 bedrooms are the cheapest ones at a cost of $289 / sq.feet, with an average $315 / sq.feet price in Dartmouth. The properties with the highest average prices have 1 bedroom. They are 627 % more expensive than the average followed by properties with 2 bedrooms with a price at $402 / sq.feet.
The graph displaying the average prices displays the property type "Land" as the most affordable one. At an cost of $600,431 it is 71 % cheaper than the average price in Dartmouth. "Apartment" is seen as the second most affordable property type. The dearest property type is "House" followed by "Condo". At a price of $552,460 it is 1 % more expensive than the average price.
According to the average cost per sq.feet, the cheapest property type is "House" at an average cost of $306 / sq.feet followed by "Land" priced at $441 / sq.feet. "Apartment" is the most costly type of property with a $87,067 / sq.feet cost followed by "Condo" with an average price of $451 / sq.feet.