Property prices for sale in Nelson (British Columbia)

The price per sq.feet in Nelson has fallen in the last 6 months. In October, the average price per sq.feet was $407. In November this price pretty much remained the same at a value of $399 per sq.feet. The price for the following two months in (December, January) had a considerable decrease of 80 with regard to the prior two months. The price per sq.feet has increased 113 % 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 $362.75 to $408.5 during February, and March.

Based upon to the price in Nelson (cities), these have remained the same in the last 6 months. The average price during our first sample month during October, is $748,211. During November the price went through a considerable rise reaching $1,132,271. During the following two months (December, January) the average price had a considerable reduction of 69 % 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 $796,257.75 to $609,400, which means a 77 % fall.

The graph displaying the average price for bedrooms illustrates that those properties with 1 bedroom are the cheapest ones. At a price of $607,315 they are 24 % more affordable than the average price for Nelson. The properties with the highest average price have 4 bedrooms, Their price is 93 % more costly than the average. After that we have properties with 3 bedrooms priced at $622,357.

With regard to the average price per sq.feet , those properties with 3 bedrooms are the cheapest ones at a cost of $334 / sq.feet, with an average $418 / sq.feet price in Nelson. The properties with the highest average prices have 1 bedroom. They are 80 % more expensive than the average followed by properties with 2 bedrooms with a price at $587 / sq.feet.

The graph displaying the average prices displays the property type "" as the most affordable one. At an cost of $607,315 it is 46 % cheaper than the average price in Nelson. "Apartment" is seen as the second most affordable property type. The cheapest type property is "Condo" followed by "Office". At a price of $380,349 it is 20 % more affordable than the average price.

According to the average cost per sq.feet, the cheapest property type is "Apartment" at an average cost of $275 / sq.feet followed by "Condo" priced at $88,824 / sq.feet. "Land" is the most costly type of property with a $179,934 / sq.feet cost followed by "Office" with an average price of $110,590 / sq.feet.