Property prices for sale in Kingston (Ontario)
The prices in real estate in Kingston, 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 Kingston has had a strong decrease during the last 6 months. In October, the average price per sq.feet was $12,646. In November this price pretty much remained the same at a value of $12,667 per sq.feet. The price for the following two months in (December, January) had a considerable decrease of 52 with regard to the prior two months. The price per sq.feet has had a considerable deflation of 5 % 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 $9,621.75 to $515.5 during February, and March.
Based upon to the price in Kingston (cities), this has gone up in the last 6 months. In our first sample month during October, the average price is $615,941. In November This price remains at $610,732. In the following two months the average price has remained the same with regard to the previous two months from $613,336.5 to $638,561. Based on an analysis of the first four prices and the last two months the average price has gone up 113 % during the last two months.
The graph displaying the average price for bedrooms illustrates that those properties with 1 bedroom are the cheapest ones. At a price of $725,494 they are 69 % more affordable than the average price for Kingston. The properties with the highest average price have 4 bedrooms, Their price is 20 % more costly than the average. After that we have properties with 3 bedrooms priced at $699,524.
With regard to the average price per sq.feet , those properties with 4 bedrooms are the cheapest ones at a cost of $395 / sq.feet, with an average $535 / sq.feet price in Kingston. The properties with the highest average prices have 1 bedroom. They are 15 % more expensive than the average followed by properties with 2 bedrooms with a price at $587 / sq.feet.
The graph displaying the average prices displays the property type "Townhouse" as the most affordable one. At an cost of $725,494 it is 56 % cheaper than the average price in Kingston. "Land" is seen as the second most affordable property type. The dearest property type is "House" followed by "Condo". At a price of $468,300 it is 14 % more expensive than the average price.
According to the average cost per sq.feet, the cheapest property type is "House" at an average cost of $489 / sq.feet followed by "Condo" priced at $623 / sq.feet. "Land" is the most costly type of property with a $118,208 / sq.feet cost followed by "Townhouse" with an average price of $75,902 / sq.feet.
