The prices in real estate in King City, in the Ontario 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 King City has fallen in the last 6 months. In October, the average price per sq.feet was $1,479. In November this price pretty much remained the same at a value of $1,486 per sq.feet. The price for the following two months in (December, January) decreased 94 % with regard to the prior two months. The price per sq.feet has had a considerable deflation of 76 % 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 $1,439.75 to $1,092 during February, and March.
Based upon to the price in King City (cities), this has gone up in the last 6 months. The average price for October is $3,602,286. During November the price had a slight fall till $3,401,988. During the following two months (December, January) the average price had a considerable increase of 121 % 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 112 % during the last two months.