Property prices for sale in Oakbank (Manitoba)

The price per sq.feet in Oakbank has had a strong decrease during the last 6 months. In November, the average price per sq.feet was $368. In December this price pretty much remained the same at a value of $368 per sq.feet. The price for the following two months in (January, February) had a considerable decrease of 34 with regard to the prior two months. The price per sq.feet has had a considerable deflation of 50 % 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 $246 to $124 during March, and April.

Based upon to the price in Oakbank (cities), this has fallen considerably in the last 6 months. In our first sample month during November, the average price is $632,100. In December This price remains at $632,100. During the following two months (January, February) the average price had a considerable reduction of 30 % 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 $409,691.75 to $187,283.5, which means a 46 % fall.