The prices in real estate in Lloydminster, in the Alberta region have had a minor fall in the last couple of months. The real estate prices for second hand homes have fallen in this city
The price per sq.feet in Lloydminster has fallen in the last 6 months. In September, the average price per sq.feet was $282. In October this price pretty much remained the same at a value of $276 per sq.feet. In the following two months the price per sq.feet has barely changed, going from $279 to $269 per sq.feet. The price per sq.feet has decreased 94 % 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 $274 to $257 during January, and February.
Based upon to the price in Lloydminster (cities), this has gone downing the last 6 months. The average price for September is $387,390. During October the price had a slight fall till $365,702. In the following two months the average price has remained the same with regard to the previous two months from $376,546 to $358,919.5. 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 $367,732.75 and $353,180 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 $334,527 they are 63 % more affordable than the average price for Lloydminster. The properties with the lowest average price have 4 bedrooms, Their price is 8 % cheaper than the average. After that we have properties with 3 bedrooms priced at $246,873.
With regard to the average price per sq.feet , those properties with 1 bedroom are the cheapest ones at a cost of $64 / sq.feet, with an average $245 / sq.feet price in Lloydminster. The properties with the lowest average prices have 4 bedrooms. They are 2 % cheaper than the average followed by properties with 2 bedrooms with a price at $98 / sq.feet.
The graph displaying the average prices displays the property type "Condo" as the most affordable one. At an cost of $334,527 it is 32 % cheaper than the average price in Lloydminster. "House" is seen as the second most affordable property type. The dearest property type is "House" followed by "Condo". At a price of $227,972 it is 7 % more expensive than the average price.
According to the average cost per sq.feet, the most expensive property type would be "Condo" at an average cost of $54,094 / sq.feet followed by "House" priced at $62,373 / sq.feet. "House" is the most costly type of property with a $62,373 / sq.feet cost followed by "Condo" with an average price of $54,094 / sq.feet.