Property prices for sale in Edmonton (Alberta)
The prices in real estate in Edmonton, in the Alberta region have remained the same in the last couple of months. The real estate prices for second hand homes have remained in this city.
The price per sq.feet in Edmonton has remained the same in the last 6 months. In October, the average price per sq.feet was $267. In November this price pretty much remained the same at a value of $267 per sq.feet. The price for the following two months in (December, January) decreased 87 % with regard to the prior two months. The price per sq.feet has increased 110 % 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 $249.25 to $274 during February, and March.
Based upon to the price in Edmonton (cities), this has gone up considerably in the last 6 months. In our first sample month during October, the average price is $329,431. In November This price remains at $316,873. During the following two months (December, January) the average price had a considerable increase of 160 % with regard to the previous two months. Based on an analysis of the first four prices and the last two months the average price has risen strongly 218 % during the last two months.
The graph displaying the average price for bedrooms illustrates that those properties with 1 bedroom are the cheapest ones. At a price of $894,897 they are 83 % more affordable than the average price for Edmonton. The properties with the lowest average price have 4 bedrooms, Their price is 20 % cheaper than the average. After that we have properties with 3 bedrooms priced at $463,585.
With regard to the average price per sq.feet , those properties with 1 bedroom are the cheapest ones at a cost of $217 / sq.feet, with an average $318 / sq.feet price in Edmonton. The properties with the highest average prices have 4 bedrooms. They are 8 % more expensive than the average followed by properties with 3 bedrooms with a price at $283 / sq.feet.
The graph displaying the average prices displays the property type "Townhouse" as the most affordable one. At an cost of $894,897 it is 78 % cheaper than the average price in Edmonton. "Condo" is seen as the second most affordable property type. The dearest property type is "Land" followed by "House". At a price of $929,231 it is 7 % more expensive than the average price.
According to the average cost per sq.feet, the cheapest property type is "Townhouse" at an average cost of $215 / sq.feet followed by "Condo" priced at $240 / sq.feet. "Land" is the most costly type of property with a $73,261 / sq.feet cost followed by "House" with an average price of $318 / sq.feet.
