Property prices for sale in Halifax (Nova Scotia)
The prices in real estate in Halifax, in the Nova Scotia 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 Halifax has fallen in the last 6 months. In December, the average price per sq.feet was $1,068. In the following month the price per sq.feet decreased considerably to $484. The price for the following two months in (February, March) had a considerable increment of 219 %. 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 $1,239.25 to $403 during April, and May.
Based upon to the price in Halifax (cities), these have remained the same in the last 6 months. In our first sample month during December, the average price is $659,065. In January This price remains at $682,995. During the following two months (February, March) the average price fell 93 % with regard to the previous two months. During the last two months, the average price has pretty much remained the same with regard to the previous average values going from an average value of $646,415.5 and $669,013.5 between April and May.
The graph displaying the average price for bedrooms illustrates that those properties with 1 bedroom are the cheapest ones. At a price of $647,580 they are 51 % more affordable than the average price for Halifax. The properties with the highest average price have 4 bedrooms, Their price is 33 % more costly than the average. After that we have properties with 3 bedrooms priced at $589,915.
With regard to the average price per sq.feet , those properties with 3 bedrooms are the cheapest ones at a cost of $334 / sq.feet, with an average $401 / sq.feet price in Halifax. The properties with the highest average prices have 1 bedroom. They are 7214 % more expensive than the average followed by properties with 2 bedrooms with a price at $461 / sq.feet.
The graph displaying the average prices displays the property type "Apartment" as the most affordable one. At an cost of $647,580 it is 81 % cheaper than the average price in Halifax. "House" is seen as the second most affordable property type. The cheapest type property is "Land" followed by "House". At a price of $276,685 it is 44 % more affordable than the average price.
According to the average cost per sq.feet, the most expensive property type would be "Apartment" at an average cost of $457 / sq.feet followed by "Land" priced at $2,712 / sq.feet. "House" is the most costly type of property with a $235,988 / sq.feet cost followed by "Land" with an average price of $2,712 / sq.feet.
