The prices in real estate in Jasper, in the Alberta region have had a minor fall in the last couple of months. The real estate prices for second hand homes have fallen in this city
The price per sq.feet in Jasper has fallen in the last 6 months. In October, the average price per sq.feet was $747. In November this price pretty much remained the same at a value of $747 per sq.feet. In the following two months the price per sq.feet has barely changed, going from $747 to $732 per sq.feet. The price per sq.feet has had a considerable deflation of 74 % 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 $739.5 to $550.5 during February, and March.
Based upon to the price in Jasper (cities), this has fallen considerably in the last 6 months. In our first sample month during October, the average price is $1,161,613. In November This price remains at $1,161,613. During the following two months (December, January) the average price fell 93 % 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 $1,119,285.25 to $766,500, which means a 68 % fall.