The prices in real estate in Guelph, in the Ontario 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 Guelph has had a strong decrease during the last 6 months. In April, the average price per sq.feet was $315,821. In the following month the price per sq.feet decreased to $269,684. The price for the following two months in (June, July) had a considerable decrease of 8 with regard to the prior two months. The price per sq.feet has had a considerable deflation of 33 % 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 $158,648.75 to $52,092.5 during August, and September.
Based upon to the price in Guelph (cities), this has gone up in the last 6 months. In our first sample month during April, the average price is $514,683. In May This price remains at $519,409. During the following two months (June, July) the price has had an average incrementation from $517,046 to $545,846. Based on an analysis of the first four prices and the last two months the average price has gone up 108 % during the last two months.
The graph showing the average price for bedrooms displays the property with the lowest price has 1 bedroom. It is 0 % cheaper than the average price of $581,822 in Guelph. Based on the bedrooms values, properties with the lowest prices are those with 1 bedroom. They are 0 % more affordable than the average aforementioned.
With regard to the average prices per sq.feet those properties with 1 bedroom are 0 % cheaper than the average price of ($64,733 / sq.feet) in Guelph. Properties with the most affordable price based upon to the number of bedrooms / sq.feet are those with 1 bedroom. They are 0 % cheaper than the average value aforementioned.
With regard to the average price based upon the property in Guelph we can see that the cheapest property type is "House" at a price of $581,822, they are 0 % more affordable than the average price of (!PRECIO2!). "House" has the lowest price. This price is 0 % 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 $64,733 / sq.feet. "House" with an average cost of $64,733 / sq.feet has the lowest price and would be directed at less affluent cities.