Property prices for sale in Okotoks (Alberta)
The prices in real estate in Okotoks, in the Alberta 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 Okotoks has increased strongly during the last 6 months. In October, the average price per sq.feet was $274. In November this price pretty much remained the same at a value of $268 per sq.feet. The price for the following two months in (December, January) had a considerable increment of 144 %. The price per sq.feet has had a considerable increase of 133 % 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 $331 to $440 during February, and March.
Based upon to the price in Okotoks (cities), this has gone up considerably in the last 6 months. In our first sample month during October, the average price is $410,751. In November This price remains at $410,262. During the following two months (December, January) the average price had a considerable increase of 167 % 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 154 % during the last two months.
The graph displaying the average price for bedrooms illustrates that those properties with 2 bedrooms are the cheapest ones. At a price of $846,350 they are 18 % more affordable than the average price for Okotoks. The properties with the highest average price have 1 bedroom, Their price is 19 % more costly than the average. After that we have properties with 3 bedrooms priced at $958,263.
With regard to the average price per sq.feet , those properties with 4 bedrooms are the cheapest ones at a cost of $328 / sq.feet, with an average $427 / sq.feet price in Okotoks. The properties with the highest average prices have 1 bedroom. They are 49 % more expensive than the average followed by properties with 2 bedrooms with a price at $478 / sq.feet.
The graph displaying the average prices displays the property type "Condo" as the most affordable one. At an cost of $846,350 it is 39 % cheaper than the average price in Okotoks. "House" is seen as the second most affordable property type. The dearest property type is "House" followed by "Condo". At a price of $515,700 it is 14 % more expensive than the average price.
According to the average cost per sq.feet, the cheapest property type is "House" at an average cost of $419 / sq.feet followed by "Condo" priced at $519 / sq.feet. "Condo" is the most costly type of property with a $519 / sq.feet cost followed by "House" with an average price of $419 / sq.feet.
