Property prices for sale in Orleans (Ontario)
The prices in real estate in Orleans, 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 Orleans has had a strong decrease during the last 6 months. In October, the average price per sq.feet was $617. In the following month the price per sq.feet decreased considerably to $509. The price for the following two months in (December, January) decreased 93 % with regard to the prior two months. The price per sq.feet has had a considerable deflation of 77 % 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 $544.5 to $421 during February, and March.
Based upon to the price in Orleans (cities), this has fallen considerably in the last 6 months. The average price for October is $892,933. During November the price had a slight fall till $785,560. During the following two months (December, January) the average price fell 88 % with regard to the previous two months. During the last two months, the average price has reduced with regard to the previous ones. To be precise it has gone down 94 %, going from $787,838.5 to $742,711 in February and March.
