Property prices for sale in Fraser Lake (British Columbia)
The prices in real estate in Fraser Lake, in the British Columbia 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 Fraser Lake has had a strong decrease during the last 6 months. In October, the average price per sq.feet was $491. In the following month the price per sq.feet decreased considerably to $403. The price for the following two months in (December, January) had a considerable decrease of 63 with regard to the prior two months. The price per sq.feet has had a considerable deflation of 60 % 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 $365.25 to $219.5 during February, and March.
Based upon to the price in Fraser Lake (cities), this has fallen considerably in the last 6 months. The average price for October is $874,758. During November the price had a considerable reduction till $692,999. During the following two months (December, January) the average price had a considerable reduction of 56 % 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 $610,893.75 to $291,761.5, which means a 48 % fall.
