The prices in real estate in Moncton, in the New Brunswick region have remained the same in the last couple of months. The real estate prices for second hand homes have remained in this city.
The price per sq.feet in Moncton has remained the same in the last 6 months. In April, the average price per sq.feet was $174. In the following month the price per sq.feet decreased to $157. The price for the following two months in (June, July) had a considerable increment of 118 %. The price per sq.feet has decreased 94 % 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 $180.5 to $170 during August, and September.
Based upon to the price in Moncton (cities), these have remained the same in the last 6 months. The average price for April is $227,786. During May the price had a slight fall till $214,809. During the following two months (June, July) the price has had an average incrementation from $221,297.5 to $250,796. 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 $236,046.75 and $228,540 between August and September.
The graph displaying the average price for bedrooms illustrates that those properties with 2 bedrooms are the cheapest ones. At a price of $213,971 they are 21 % more affordable than the average price for Moncton. The properties with the highest average price have 4 bedrooms, Their price is 9 % more costly than the average. After that we have properties with 1 bedroom priced at $220,975.
With regard to the average price per sq.feet , those properties with 4 bedrooms are the cheapest ones at a cost of $145 / sq.feet, with an average $155 / sq.feet price in Moncton. The properties with the highest average prices have 1 bedroom. They are 63 % more expensive than the average followed by properties with 2 bedrooms with a price at $150 / sq.feet.
The graph displaying the average prices displays the property type "Land" as the most affordable one. At an cost of $213,971 it is 28 % cheaper than the average price in Moncton. "Commercial" is seen as the second most affordable property type. The dearest property type is "Office" followed by "House". At a price of $215,110 it is 549 % more expensive than the average price.
According to the average cost per sq.feet, the cheapest property type is "Apartment" at an average cost of $120 / sq.feet followed by "Office" priced at $186 / sq.feet. "Land" is the most costly type of property with a $66,093 / sq.feet cost followed by "Commercial" with an average price of $47,938 / sq.feet.