Property prices for sale in Lethbridge (Alberta)
The prices in real estate in Lethbridge, in the Alberta 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 Lethbridge has increased during the last 6 months. In October, the average price per sq.feet was $268. In November this price pretty much remained the same at a value of $269 per sq.feet. In the following two months the price per sq.feet has increased 109 %, going from $268.5 to $293 per sq.feet. The price per sq.feet has increased 115 % 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 $280.75 to $321.5 during February, and March.
Based upon to the price in Lethbridge (cities), this has gone up considerably in the last 6 months. In our first sample month during October, the average price is $303,710. In November This price remains at $313,075. During the following two months (December, January) the average price had a considerable increase of 118 % 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 125 % 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 $426,939 they are 28 % more affordable than the average price for Lethbridge. The properties with the highest average price have 4 bedrooms, Their price is 42 % more costly than the average. After that we have properties with 3 bedrooms priced at $448,503.
With regard to the average price per sq.feet , those properties with 4 bedrooms are the cheapest ones at a cost of $294 / sq.feet, with an average $325 / sq.feet price in Lethbridge. The properties with the highest average prices have 2 bedrooms. They are 5 % more expensive than the average followed by properties with 1 bedroom with a price at $306 / sq.feet.
The graph displaying the average prices displays the property type "Condo" as the most affordable one. At an cost of $426,939 it is 41 % cheaper than the average price in Lethbridge. "Townhouse" is seen as the second most affordable property type. The dearest property type is "Land" followed by "House". At a price of $463,605 it is 30 % more expensive than the average price.
According to the average cost per sq.feet, the cheapest property type is "Townhouse" at an average cost of $204 / sq.feet followed by "Condo" priced at $281 / sq.feet. "Land" is the most costly type of property with a $28,306 / sq.feet cost followed by "House" with an average price of $332 / sq.feet.
