Property prices for sale in Norwich (Ontario)
The prices in real estate in Norwich, in the Ontario 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 Norwich has increased strongly during the last 6 months. In November, the average price per sq.feet was $444. In December this price pretty much remained the same at a value of $457 per sq.feet. In the following two months the price per sq.feet has increased 109 %, going from $450.5 to $490.5 per sq.feet. The price per sq.feet has had a considerable increase of 134 % 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 $470.5 to $632.5 during March, and April.
Based upon to the price in Norwich (cities), this has gone up considerably in the last 6 months. The price in November is $831,506, rising in December till $875,129. During the following two months (January, February) the average price had a considerable increase of 127 % 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 risen strongly 144 % during the last two months.
