The prices in real estate in Invermere, in the British Columbia 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 Invermere has increased strongly during the last 6 months. In September, the average price per sq.feet was $438. In the following month the price per sq.feet increased to $464. The price for the following two months in (November, December) had a considerable decrease of 84 with regard to the prior two months. The price per sq.feet has had a considerable increase of 9093 % 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 $415.5 to $37,781 during January, and February.
Based upon to the price in Invermere (cities), this has fallen considerably in the last 6 months. In our first sample month during September, the average price is $764,552. In October This price remains at $772,633. During the following two months (November, December) the average price had a considerable reduction of 77 % with regard to the previous two months. During the last two months the average price has had a strong fall compared to the previous four going from $680,285 to $476,652, which means a 70 % fall.
The graph displaying the average price for bedrooms illustrates that those properties with 2 bedrooms are the most costly ones. At a price of $483,854 they are 3 % more expensive than the average price for Invermere. Following this ranking we find those properties with 3 at an average price of $791,999. The properties with the highest average price have 1 bedroom, Their price is 1516 % more costly than the average. After that we have properties with 4 bedrooms priced at $1,032,831.
With regard to the average price per sq.feet , those properties with 4 bedrooms are the cheapest ones at a cost of $361 / sq.feet, with an average $75,259 / sq.feet price in Invermere. The properties with the lowest average prices have 1 bedroom. They are 99 % cheaper than the average followed by properties with 3 bedrooms with a price at $403 / sq.feet.
With regard to the average price based upon the property in Invermere we can see that most expensive property type is "Land" at a price of $602,014, they are 24 % more costly than the average price of (!PRECIO2!). "Land" has the highest price. This price is 24 % more expensive 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 $470,347 / sq.feet. "Land" at an average price of $470,347 / sq.feet has the most expensive price and would be directed at more affluent cities.