The prices in real estate in Melville, in the Saskatchewan 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 Melville has fallen in the last 6 months. In October, the average price per sq.feet was $143. In the following month the price per sq.feet increased to $151. 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 159 % 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 $112 to $178 during February, and March.
Based upon to the price in Melville (cities), this has gone up considerably in the last 6 months. The price in October is $130,656, rising in November till $138,367. During the following two months (December, January) the average price had a considerable reduction of 54 % 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 296 % during the last two months.