The prices in real estate in Halton Hills, 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 Halton Hills has had a strong decrease during the last 6 months. In October, the average price per sq.feet was $93,352. In the following month the price per sq.feet increased considerably to $107,608. The price for the following two months in (December, January) had a considerable decrease of 50 with regard to the prior two months. The price per sq.feet has had a considerable deflation of 2 % 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 $75,588 to $1,295.5 during February, and March.
Based upon to the price in Halton Hills (cities), this has gone up considerably in the last 6 months. In our first sample month during October, the average price is $1,875,313. In November This price remains at $1,899,985. During the following two months (December, January) the average price had a considerable increase of 121 % 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 159 % during the last two months.
The graph displaying the average price for bedrooms illustrates that those properties with 1 bedroom are the cheapest ones. At a price of $3,565,113 they are 88 % more affordable than the average price for Halton Hills. The properties with the lowest average price have 4 bedrooms, Their price is 66 % cheaper than the average. After that we have properties with 3 bedrooms priced at $731,315.
With regard to the average price per sq.feet , those properties with 4 bedrooms are the cheapest ones at a cost of $420 / sq.feet, with an average $1,191 / sq.feet price in Halton Hills. The properties with the lowest average prices have 1 bedroom. They are 54 % cheaper than the average followed by properties with 2 bedrooms with a price at $474 / sq.feet.
The graph displaying the average prices displays the property type "Condo" as the most affordable one. At an cost of $3,565,113 it is 84 % cheaper than the average price in Halton Hills. "Townhouse" is seen as the second most affordable property type. The cheapest type property is "Land" followed by "House". At a price of $1,023,022 it is 21 % more affordable than the average price.
According to the average cost per sq.feet, the cheapest property type is "House" at an average cost of $417 / sq.feet followed by "Townhouse" priced at $427 / sq.feet. "Land" is the most costly type of property with a $566,176 / sq.feet cost followed by "Condo" with an average price of $498 / sq.feet.