The prices in real estate in Etobicoke, in the Ontario region have had a minor fall in the last couple of months. The real estate prices for second hand homes have fallen in this city
The price per sq.feet in Etobicoke has fallen in the last 6 months. In August, the average price per sq.feet was $185,544. In the following month the price per sq.feet increased to $205,138. The price for the following two months in (October, November) had a considerable decrease of 78 with regard to the prior two months. The price per sq.feet has increased 105 % 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 $173,535 to $182,984 during December, and January.
Based upon to the price in Etobicoke (cities), this has gone downing the last 6 months. The average price for August is $841,345. During September the price had a slight fall till $772,229. During the following two months (October, November) the average price fell 90 % with regard to the previous two months. During the last two months, the average price has reduced with regard to the previous ones. To be precise it has gone down 95 %, going from $767,169.25 to $726,280 in December and January.
The graph displaying the average price for bedrooms illustrates that those properties with 1 bedroom are the cheapest ones. At a price of $726,280 they are 19 % more affordable than the average price for Etobicoke. The properties with the highest average price have 4 bedrooms, Their price is 130 % more costly than the average. After that we have properties with 1 bedroom priced at $590,127.
With regard to the average price per sq.feet , those properties with 4 bedrooms are the cheapest ones at a cost of $1,013 / sq.feet, with an average $182,984 / sq.feet price in Etobicoke. The properties with the lowest average prices have 1 bedroom. They are 8 % cheaper than the average followed by properties with 4 bedrooms with a price at $1,013 / sq.feet.
The graph displaying the average prices displays the property type "Townhouse" as the most affordable one. At an cost of $726,280 it is 19 % cheaper than the average price in Etobicoke. "Condo" is seen as the second most affordable property type. The dearest property type is "House" followed by "Condo". At a price of $670,396 it is 50 % 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 $167,570 / sq.feet followed by "House" priced at $222,176 / sq.feet. "Condo" is the most costly type of property with a $225,401 / sq.feet cost followed by "House" with an average price of $222,176 / sq.feet.