Property prices for sale in Erin (Ontario)

The prices in real estate in Erin, in the Ontario region have had a strong rise in the last couple of months. The real estate prices for second hand homes have gone through a strong increase in this city.

$2,033,069
Average price last 6 months
$3,154.17
Price/sq.feet last 6 months
Average price per sq.feet

The price per sq.feet in Erin has increased strongly during the last 6 months. In September, the average price per sq.feet was $1,067. In the following month the price per sq.feet increased considerably to $5,209. The price for the following two months in (November, December) had a considerable increment of 169 %. The price per sq.feet has had a considerable deflation of 24 % 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 $4,217.5 to $1,027.5 during January, and February.

Average price

Based upon to the price in Erin (cities), this has gone up considerably in the last 6 months. In our first sample month during September, the average price is $1,691,566. In October This price remains at $1,772,199. In the following two months the average price has remained the same with regard to the previous two months from $1,731,882.5 to $1,756,283. Based on an analysis of the first four prices and the last two months the average price has risen strongly 150 % during the last two months.

Average price per bedrooms

The graph displaying the average price for bedrooms illustrates that those properties with 2 bedrooms are the cheapest ones. At a price of $2,573,750 they are 60 % more affordable than the average price for Erin. The properties with the lowest average price have 1 bedroom, Their price is 60 % cheaper than the average. After that we have properties with 2 bedrooms priced at $1,021,297.

With regard to the average price per sq.feet , those properties with 2 bedrooms are the cheapest ones at a cost of $390 / sq.feet, with an average $1,160 / sq.feet price in Erin. The properties with the lowest average prices have 1 bedroom. They are 66 % cheaper than the average followed by properties with 2 bedrooms with a price at $390 / sq.feet.

Price per property type

With regard to the average price based upon the property in Erin we can see that the cheapest property type is "House" at a price of $1,021,297, they are 60 % more affordable than the average price of (!PRECIO2!). "House" has the lowest price. This price is 60 % 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 $390 / sq.feet. "House" with an average cost of $390 / sq.feet has the lowest price and would be directed at less affluent cities.

Charts data
Average price February
Average price per sq.feet February
Number of properties used in Erin
Number of properties used in region Ontario
$2,573,750
$1,160
328
470,264
** Graph's data with null or zero value are due to there isn't enough data available to get a reliable value