The prices in real estate in Kitimat, in the British Columbia region have had a minor rise in the last couple of months. The real estate prices for second hand homes have risen in this city.
The price per sq.feet in Kitimat has increased during the last 6 months. In September, the average price per sq.feet was $217. In the following month the price per sq.feet decreased to $206. In the following two months the price per sq.feet has increased 106 %, going from $211.5 to $223.5 per sq.feet. The price per sq.feet has increased 113 % 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 $217.5 to $245 during January, and February.
Based upon to the price in Kitimat (cities), this has gone up in the last 6 months. The price in September is $342,334, rising in October till $372,669. In the following two months the average price has remained the same with regard to the previous two months from $357,501.5 to $360,499. During the last two months, the average price has pretty much remained the same with regard to the previous average values going from an average value of $359,000.25 and $362,743.5 between January and February.
The graph displaying the average price for bedrooms illustrates that those properties with 1 bedroom are the cheapest ones. At a price of $364,821 they are 31 % more affordable than the average price for Kitimat. The properties with the highest average price have 4 bedrooms, Their price is 22 % more costly than the average. After that we have properties with 3 bedrooms priced at $315,968.
With regard to the average price per sq.feet , those properties with 1 bedroom are the cheapest ones at a cost of $117 / sq.feet, with an average $245 / sq.feet price in Kitimat. The properties with the lowest average prices have 2 bedrooms. They are 2 % cheaper than the average followed by properties with 4 bedrooms with a price at $194 / sq.feet.
The graph displaying the average prices displays the property type "Land" as the most affordable one. At an cost of $364,821 it is 49 % cheaper than the average price in Kitimat. "Apartment" is seen as the second most affordable property type. The cheapest type property is "House" followed by "Apartment". At a price of $269,064 it is 4 % more affordable than the average price.
According to the average cost per sq.feet, the cheapest property type is "Apartment" at an average cost of $148 / sq.feet followed by "House" priced at $421 / sq.feet. "Land" is the most costly type of property with a $119,171 / sq.feet cost followed by "House" with an average price of $421 / sq.feet.