The prices in real estate in East Gwillimbury, 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 East Gwillimbury has had a strong decrease during the last 6 months. In October, the average price per sq.feet was $1,004. In November this price pretty much remained the same at a value of $983 per sq.feet. 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 23 % 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 $737 to $173 during February, and March.
Based upon to the price in East Gwillimbury (cities), this has fallen considerably in the last 6 months. In our first sample month during October, the average price is $1,424,422. In November This price remains at $1,415,564. During the following two months (December, January) the average price had a considerable reduction of 49 % with regard to the previous two months. During the last two months the average price has had a strong fall compared to the previous four going from $1,059,993.25 to $537,223.5, which means a 51 % fall.
The graph showing the average price for bedrooms displays the property with the lowest price has 1 bedroom. It is 12 % cheaper than the average price of $944,722 in East Gwillimbury. Based on the bedrooms values, properties with the lowest prices are those with 1 bedroom. They are 12 % more affordable than the average aforementioned.
With regard to the average prices per sq.feet those properties with 1 bedroom are 7 % cheaper than the average price of ($322 / sq.feet) in East Gwillimbury. Properties with the most affordable price based upon to the number of bedrooms / sq.feet are those with 1 bedroom. They are 7 % cheaper than the average value aforementioned.
With regard to the average price based upon the property in East Gwillimbury we can see that the cheapest property type is "House" at a price of $944,722, they are 12 % more affordable than the average price of (!PRECIO2!). "House" has the lowest price. This price is 12 % more affordable than the average price aforementioned.
According to the average area cost by sq.feet the cheapest property type is "House with an average price of $322 / sq.feet. "House" with an average cost of $322 / sq.feet has the lowest price and would be directed at less affluent cities.