Property prices for sale in Elora (Ontario)

The price per sq.feet in Elora has had a strong decrease during the last 6 months. In October, the average price per sq.feet was $130,405. In November this price pretty much remained the same at a value of $130,322 per sq.feet. The price for the following two months in (December, January) had a considerable decrease of 28 with regard to the prior two months. The price per sq.feet has had a considerable deflation of 1 % 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 $83,516.75 to $622.5 during February, and March.

Based upon to the price in Elora (cities), this has gone downing the last 6 months. In our first sample month during October, the average price is $1,271,138. In November This price remains at $1,237,920. In the following two months the average price has remained the same with regard to the previous two months from $1,254,529 to $1,197,885.5. During the last two months, the average price has reduced with regard to the previous ones. To be precise it has gone down 89 %, going from $1,226,207.25 to $1,093,296.5 in February and March.