The prices in real estate in Mill Bay, in the British Columbia 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 Mill Bay has fallen in the last 6 months. In October, the average price per sq.feet was $414. In November this price pretty much remained the same at a value of $414 per sq.feet. The price for the following two months in (December, January) decreased 88 % with regard to the prior two months. The price per sq.feet has decreased 91 % 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 $390 to $353.5 during February, and March.
Based upon to the price in Mill Bay (cities), this has gone up in the last 6 months. In our first sample month during October, the average price is $1,163,515. In November This price remains at $1,171,400. During the following two months (December, January) the price has had an average incrementation from $1,167,457.5 to $1,300,974.5. 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 $1,234,216 and $1,200,432.5 between February and March.