Property prices for sale in Denman Island (British Columbia)

The price per sq.feet in Denman Island has had a strong decrease during the last 6 months. In October, the average price per sq.feet was $376. In the following month the price per sq.feet increased considerably to $480. The price for the following two months in (December, January) had a considerable decrease of 72 with regard to the prior two months. The price per sq.feet has had a considerable deflation of 10 % 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 $367.75 to $35.5 during February, and March.

Based upon to the price in Denman Island (cities), this has fallen considerably in the last 6 months. In our first sample month during October, the average price is $2,182,700. In November This price remains at $2,170,863. In the following two months the average price has remained the same with regard to the previous two months from $2,176,781.5 to $2,091,989. During the last two months the average price has had a strong fall compared to the previous four going from $2,134,385.25 to $1,052,250, which means a 49 % fall.