The prices in real estate in Georgetown, 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.
The price per sq.feet in Georgetown has increased strongly during the last 6 months. In April, the average price per sq.feet was $695. In May this price pretty much remained the same at a value of $704 per sq.feet. In the following two months the price per sq.feet has barely changed, going from $699.5 to $696 per sq.feet. The price per sq.feet has had a considerable increase of 152 % 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 $697.75 to $1,059.5 during August, and September.
Based upon to the price in Georgetown (cities), this has gone up considerably in the last 6 months. The price in April is $1,061,612, rising in May till $1,200,920. During the following two months (June, July) the average price had a considerable increase of 127 % 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 129 % during the last two months.
The graph displaying the average price for bedrooms illustrates that those properties with 3 bedrooms are the cheapest ones. At a price of $1,258,325 they are 14 % more affordable than the average price for Georgetown. The properties with the lowest average price have 1 bedroom, Their price is 14 % cheaper than the average. After that we have properties with 3 bedrooms priced at $1,077,979.
With regard to the average price per sq.feet , those properties with 3 bedrooms are the most costly ones at a cost of $28,060 / sq.feet, with an average $827 / sq.feet price in Georgetown. The properties with the highest average prices have 1 bedroom. They are 3311 % more expensive than the average followed by properties with 3 bedrooms with a price at $28,060 / sq.feet.
With regard to the average price based upon the property in Georgetown we can see that the cheapest property type is "House" at a price of $1,077,979, they are 14 % more affordable than the average price of (!PRECIO2!). "House" has the lowest price. This price is 14 % more affordable than the average price aforementioned.
According to the average area price by sq.feet the most costly property type is "House with an average price of $28,060 / sq.feet. "House" at an average price of $28,060 / sq.feet has the most expensive price and would be directed at more affluent cities.