Property prices for sale in Halifax (Nova Scotia)
The prices in real estate in Halifax, in the Nova Scotia 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 Halifax has increased strongly during the last 6 months. In August, the average price per sq.feet was $378. In the following month the price per sq.feet increased to $397. The price for the following two months in (October, November) had a considerable increment of 11287 %. The price per sq.feet has had a considerable increase of 1360 % 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 $22,063.25 to $300,041 during December, and January.
Based upon to the price in Halifax (cities), these have remained the same in the last 6 months. In our first sample month during August, the average price is $632,758. In September This price remains at $655,175. During the following two months (October, November) the average price fell 92 % 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 $617,075.75 and $621,495 between December and January.
The graph displaying the average price for bedrooms illustrates that those properties with 1 bedroom are the most costly ones. At a price of $305,800 they are 21 % more expensive than the average price for Halifax. Following this ranking we find those properties with 2 at an average price of $499,042. The properties with the highest average price have 4 bedrooms, Their price is 135 % more costly than the average. After that we have properties with 3 bedrooms priced at $649,509.
With regard to the average price per sq.feet , those properties with 4 bedrooms are the cheapest ones at a cost of $307 / sq.feet, with an average $9,768 / sq.feet price in Halifax. The properties with the lowest average prices have 1 bedroom. They are 94 % cheaper than the average followed by properties with 2 bedrooms with a price at $464 / sq.feet.
The graph displaying the average prices displays the property type "Apartment" as the most affordable one. At an cost of $305,800 it is 64 % cheaper than the average price in Halifax. "Land" is seen as the second most affordable property type. The dearest property type is "Condo" followed by "House". At a price of $277,240 it is 18 % more expensive than the average price.
According to the average cost per sq.feet, the cheapest property type is "Apartment" at an average cost of $859 / sq.feet followed by "Condo" priced at $2,703 / sq.feet. "House" is the most costly type of property with a $236,462 / sq.feet cost followed by "Land" with an average price of $92,766 / sq.feet.
