Property prices for sale in Harrowsmith (Ontario)
The prices in real estate in Harrowsmith, 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 Harrowsmith has had a strong decrease during the last 6 months. In October, the average price per sq.feet was $18,062. In the following month the price per sq.feet decreased considerably to $13,656. 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 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 $11,343.5 to $279.5 during February, and March.
Based upon to the price in Harrowsmith (cities), this has fallen considerably in the last 6 months. In our first sample month during October, the average price is $509,767. In November This price remains at $519,800. During the following two months (December, January) the average price had a considerable reduction of 50 % 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 gone up 110 % during the last two months.
