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 October, the average price per sq.feet was $546. In November this price pretty much remained the same at a value of $546 per sq.feet. The price for the following two months in (December, January) had a considerable decrease of 50 with regard to the prior two months. The price per sq.feet has decreased 91 % 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 $409.5 to $374.5 during February, and March.
Based upon to the price in Parry Sound (cities), this has gone up in the last 6 months. In our first sample month during October, the average price is $681,684. In November This price remains at $681,684. During the following two months (December, January) the average price had a considerable reduction of 50 % 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 238 % 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 $1,264,817 they are 69 % more affordable than the average price for Parry Sound. The properties with the highest average price have 4 bedrooms, Their price is 34 % more costly than the average. After that we have properties with 3 bedrooms priced at $651,960.
With regard to the average price per sq.feet , those properties with 3 bedrooms are the cheapest ones at a cost of $391 / sq.feet, with an average $469 / sq.feet price in Parry Sound. The properties with the highest average prices have 1 bedroom. They are 393 % more expensive than the average followed by properties with 4 bedrooms with a price at $623 / 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 $520,427, they are 59 % more affordable than the average price of (!PRECIO2!). "Land" has the lowest price. This price is 59 % 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 $129,098 / sq.feet. "Land" at an average price of $129,098 / sq.feet has the most expensive price and would be directed at more affluent cities.