Property prices for sale in Nipissing (Ontario)

The price per sq.feet in Nipissing has had a strong decrease during the last 6 months. In November, the average price per sq.feet was $17,959. In December this price pretty much remained the same at a value of $17,959 per sq.feet. The price for the following two months in (January, February) had a considerable decrease of 2 with regard to the prior two months. The price per sq.feet has had a considerable deflation of 2 % 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 $9,193.5 to $220.5 during March, and April.

Based upon to the price in Nipissing (cities), these have remained the same in the last 6 months. In our first sample month during November, the average price is $602,957. In December This price remains at $602,957. During the following two months (January, February) the average price had a considerable increase of 134 % 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 $706,353.5 to $418,250, which means a 59 % fall.