The prices in real estate in Invermere, in the British Columbia region have had a minor rise in the last couple of months. The real estate prices for second hand homes have risen in this city.
The price per sq.feet in Invermere has increased during the last 6 months. In June, the average price per sq.feet was $351. In July this price pretty much remained the same at a value of $365 per sq.feet. The price for the following two months in (August, September) had a considerable increment of 122 %. The price per sq.feet has decreased 89 % 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 $397.25 to $355 during October, and November.
Based upon to the price in Invermere (cities), this has gone up considerably in the last 6 months. The average price during our first sample month during June, is $753,200. During July the price went through a considerable rise reaching $916,000. In the following two months the average price has remained the same with regard to the previous two months from $834,600 to $859,302.5. 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 $846,951.25 and $878,114.5 between October and November.
The graph displaying the average price for bedrooms illustrates that those properties with 2 bedrooms are the cheapest ones. At a price of $849,129 they are 42 % more affordable than the average price for Invermere. The properties with the highest average price have 1 bedroom, Their price is 813 % more costly than the average. After that we have properties with 4 bedrooms priced at $1,023,570.
With regard to the average price per sq.feet , those properties with 4 bedrooms are the most costly ones at a cost of $352 / sq.feet, with an average $326 / sq.feet price in Invermere. The properties with the highest average prices have 1 bedroom. They are 178 % more expensive than the average followed by properties with 3 bedrooms with a price at $394 / sq.feet.
With regard to the average price based upon the property in Invermere we can see that the cheapest property type is "Land" at a price of $596,612, they are 30 % more affordable than the average price of (!PRECIO2!). "Land" has the lowest price. This price is 30 % more affordable than the average price aforementioned.
According to the average area price by sq.feet the most costly property type is "Land with an average price of $466,127 / sq.feet. "Land" at an average price of $466,127 / sq.feet has the most expensive price and would be directed at more affluent cities.