Property prices for sale in Malahat (British Columbia)
The prices in real estate in Malahat, in the British Columbia 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 Malahat has increased strongly during the last 6 months. In October, the average price per sq.feet was $382. In the following month the price per sq.feet increased to $414. The price for the following two months in (December, January) had a considerable decrease of 52 with regard to the prior two months. The price per sq.feet has had a considerable increase of 351 % 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 $302.5 to $1,060.5 during February, and March.
Based upon to the price in Malahat (cities), this has gone up considerably in the last 6 months. In our first sample month during October, the average price is $392,450. In November This price remains at $383,300. During the following two months (December, January) the average price had a considerable reduction of 49 % 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 567 % during the last two months.
