Property prices for sale in Millbrook (Ontario)
The prices in real estate in Millbrook, in the Ontario region have had a strong fall in the last couple of months. The real estate prices for second hand homes have gone through a strong fall in this city.
The price per sq.feet in Millbrook has had a strong decrease during the last 6 months. In November, the average price per sq.feet was $553. In the following month the price per sq.feet increased considerably to $864. The price for the following two months in (January, February) had a considerable decrease of 38 with regard to the prior two months. The price per sq.feet has had a considerable deflation of 46 % 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 $487.25 to $223.5 during March, and April.
Based upon to the price in Millbrook (cities), this has fallen considerably in the last 6 months. The price in November is $987,176, rising in December till $1,110,521. During the following two months (January, February) the average price had a considerable reduction of 48 % with regard to the previous two months. During the last two months the average price has had a strong fall compared to the previous four going from $777,756.75 to $539,998.5, which means a 69 % fall.
