The prices in real estate in Langford, in the British Columbia 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 Langford has had a strong decrease during the last 6 months. In October, the average price per sq.feet was $483. In November this price pretty much remained the same at a value of $486 per sq.feet. The price for the following two months in (December, January) had a considerable decrease of 76 with regard to the prior two months. The price per sq.feet has had a considerable deflation of 83 % 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 $427.5 to $354 during February, and March.
Based upon to the price in Langford (cities), this has gone up considerably in the last 6 months. In our first sample month during October, the average price is $988,766. In November This price remains at $971,072. During the following two months (December, January) the average price had a considerable increase of 146 % 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 risen strongly 147 % 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 $1,798,379 they are 79 % more affordable than the average price for Langford. Based on the bedrooms values, properties with the lowest prices are those with 3 bedrooms. They are 48 % more affordable than the average aforementioned.
With regard to the average price per sq.feet , those properties with 3 bedrooms are the most costly ones at a cost of $419 / sq.feet, with an average $369 / sq.feet price in Langford. Properties with the most expensive price based upon to the number of bedrooms / sq.feet are those with 1 bedroom. They are 39 % more costly than the average value aforementioned.