The prices in real estate in Hanwell, in the New Brunswick 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 Hanwell has increased strongly during the last 6 months. In October, the average price per sq.feet was $61. In November this price pretty much remained the same at a value of $61 per sq.feet. The price for the following two months in (December, January) had a considerable decrease of 43 with regard to the prior two months. The price per sq.feet has had a considerable increase of 346 % 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 $43.5 to $150.5 during February, and March.
Based upon to the price in Hanwell (cities), this has gone up considerably in the last 6 months. In our first sample month during October, the average price is $158,725. In November This price remains at $158,725. During the following two months (December, January) the average price had a considerable increase of 128 % 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.