The prices in real estate in Kirkland Lake, 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 Kirkland Lake has had a strong decrease during the last 6 months. In November, the average price per sq.feet was $200. In the following month the price per sq.feet decreased to $185. The price for the following two months in (January, February) had a considerable decrease of 71 with regard to the prior two months. The price per sq.feet has decreased 91 % 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 $164.75 to $150 during March, and April.
Based upon to the price in Kirkland Lake (cities), this has gone downing the last 6 months. In our first sample month during November, the average price is $272,067. In December This price remains at $282,247. During the following two months (January, February) the price has had an average incrementation from $277,157 to $295,050. During the last two months the average price has had a strong fall compared to the previous four going from $286,103.5 to $176,975, which means a 62 % fall.