Property prices for sale in Mont-royal (Quebec)
The prices in real estate in Mont-royal, in the Quebec 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 Mont-royal has increased strongly during the last 6 months. In October, the average price per sq.feet was $639. In November this price pretty much remained the same at a value of $631 per sq.feet. In the following two months the price per sq.feet has barely changed, going from $635 to $650 per sq.feet. The price per sq.feet has had a considerable increase of 167 % 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 $642.5 to $1,076 during February, and March.
Based upon to the price in Mont-royal (cities), this has gone downing the last 6 months. The average price for October is $694,531. During November the price had a slight fall till $628,273. During the following two months (December, January) the average price fell 91 % 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 gone up 109 % during the last two months.
The graph displaying the average price for bedrooms illustrates that those properties with 1 bedroom are the cheapest ones. At a price of $803,041 they are 49 % more affordable than the average price for Mont-royal. The properties with the highest average price have 3 bedrooms, Their price is 46 % more costly than the average. After that we have properties with 4 bedrooms priced at $842,921.
With regard to the average price per sq.feet , those properties with 2 bedrooms are the cheapest ones at a cost of $576 / sq.feet, with an average $1,493 / sq.feet price in Mont-royal. The properties with the lowest average prices have 3 bedrooms. They are 39 % cheaper than the average followed by properties with 1 bedroom with a price at $671 / sq.feet.
The graph displaying the average prices displays the property type "Apartment" as the most affordable one. At an cost of $803,041 it is 33 % cheaper than the average price in Mont-royal. "House" is seen as the second most affordable property type. The dearest property type is "House" followed by "Apartment". At a price of $534,392 it is 115 % 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 $562 / sq.feet followed by "House" priced at $1,278 / sq.feet. "House" is the cheapest type of property with a $1,278 / sq.feet value followed by "Apartment" with an average price of $562 / sq.feet.
