The prices in real estate in Lucan, in the Ontario 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 Lucan has fallen in the last 6 months. In November, the average price per sq.feet was $529. In the following month the price per sq.feet decreased to $450. The price for the following two months in (January, February) had a considerable decrease of 75 with regard to the prior two months. The price per sq.feet has had a considerable increase of 125 % 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 $428.75 to $536 during March, and April.
Based upon to the price in Lucan (cities), this has fallen considerably in the last 6 months. The average price for November is $927,475. During December the price had a slight fall till $799,671. During the following two months (January, February) the average price had a considerable reduction of 75 % 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 gone up 112 % during the last two months.