Property prices for sale in New Hamburg (Ontario)
The prices in real estate in New Hamburg, 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 New Hamburg has had a strong decrease during the last 6 months. In November, the average price per sq.feet was $673. In the following month the price per sq.feet decreased to $610. In the following two months the price per sq.feet has increased 110 %, going from $641.5 to $703 per sq.feet. The price per sq.feet has had a considerable deflation of 61 % 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 $672.25 to $411 during March, and April.
Based upon to the price in New Hamburg (cities), this has fallen considerably in the last 6 months. The average price for November is $1,642,935. During December the price had a considerable reduction till $884,800. During the following two months (January, February) the price has had an average incrementation from $1,263,867.5 to $1,391,612. During the last two months, the average price has reduced with regard to the previous ones. To be precise it has gone down 87 %, going from $1,327,739.75 to $1,158,000 in March and April.
