The prices in real estate in Parry Sound, 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 Parry Sound has had a strong decrease during the last 6 months. In December, the average price per sq.feet was $57,576. In the following month the price per sq.feet increased considerably to $73,197. The price for the following two months in (February, March) had a considerable decrease of 77 with regard to the prior two months. The price per sq.feet has had a considerable deflation of 1 % 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 $57,914.5 to $503.5 during April, and May.
Based upon to the price in Parry Sound (cities), this has gone downing the last 6 months. In our first sample month during December, the average price is $908,136. In January This price remains at $875,991. During the following two months (February, March) the average price fell 86 % 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 93 %, going from $829,963.25 to $772,466 in April and May.
The graph displaying the average price for bedrooms illustrates that those properties with 2 bedrooms are the cheapest ones. At a price of $713,725 they are 45 % more affordable than the average price for Parry Sound. The properties with the highest average price have 4 bedrooms, Their price is 140 % more costly than the average. After that we have properties with 3 bedrooms priced at $657,861.
With regard to the average price per sq.feet , those properties with 3 bedrooms are the cheapest ones at a cost of $400 / sq.feet, with an average $494 / sq.feet price in Parry Sound. The properties with the highest average prices have 1 bedroom. They are 374 % more expensive than the average followed by properties with 4 bedrooms with a price at $632 / sq.feet.
With regard to the average price based upon the property in Parry Sound we can see that the cheapest property type is "Land" at a price of $525,139, they are 26 % more affordable than the average price of (!PRECIO2!). "Land" has the lowest price. This price is 26 % more affordable than the average price aforementioned.
According to the average area price by sq.feet the most costly property type is "Land with an average price of $130,271 / sq.feet. "Land" at an average price of $130,271 / sq.feet has the most expensive price and would be directed at more affluent cities.