The prices in real estate in Leamington, in the Ontario region have had a strong rise in the last couple of months. The real estate prices for second hand homes have gone through a strong increase in this city.
The price per sq.feet in Leamington has increased strongly during the last 6 months. In October, the average price per sq.feet was $323. In November this price pretty much remained the same at a value of $319 per sq.feet. The price for the following two months in (December, January) had a considerable increment of 149 %. The price per sq.feet has had a considerable increase of 167 % 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 $400.25 to $668.5 during February, and March.
Based upon to the price in Leamington (cities), this has gone up considerably in the last 6 months. In our first sample month during October, the average price is $489,148. In November This price remains at $487,571. During the following two months (December, January) the price has had an average incrementation from $488,359.5 to $561,201.5. Based on an analysis of the first four prices and the last two months the average price has risen strongly 135 % during the last two months.
The graph displaying the average price for bedrooms illustrates that those properties with 4 bedrooms are the cheapest ones. At a price of $768,467 they are 55 % more affordable than the average price for Leamington. The properties with the lowest average price have 1 bedroom, Their price is 54 % cheaper than the average. After that we have properties with 2 bedrooms priced at $348,950.
With regard to the average price per sq.feet , those properties with 4 bedrooms are the most costly ones at a cost of $212,737 / sq.feet, with an average $687 / sq.feet price in Leamington. The properties with the highest average prices have 1 bedroom. They are 31652 % more expensive than the average followed by properties with 2 bedrooms with a price at $214,881 / sq.feet.
With regard to the average price based upon the property in Leamington we can see that the cheapest property type is "House" at a price of $345,472, they are 55 % more affordable than the average price of (!PRECIO2!). "House" has the lowest price. This price is 55 % more affordable than the average price aforementioned.
According to the average area price by sq.feet the most costly property type is "House with an average price of $212,737 / sq.feet. "House" at an average price of $212,737 / sq.feet has the most expensive price and would be directed at more affluent cities.