The prices in real estate in Pelham, in the Ontario region have had a minor rise in the last couple of months. The real estate prices for second hand homes have risen in this city.
The price per sq.feet in Pelham has increased during the last 6 months. In October, the average price per sq.feet was $585. In November this price pretty much remained the same at a value of $591 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 had a considerable increase of 221 % 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 $441.75 to $975.5 during February, and March.
Based upon to the price in Pelham (cities), this has gone downing the last 6 months. In our first sample month during October, the average price is $1,065,662. In November This price remains at $1,078,135. 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 164 % 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 $1,465,767 they are 53 % more affordable than the average price for Pelham. The properties with the lowest average price have 1 bedroom, Their price is 53 % cheaper than the average. After that we have properties with 2 bedrooms priced at $687,858.
With regard to the average price per sq.feet , those properties with 2 bedrooms are the cheapest ones at a cost of $279 / sq.feet, with an average $1,386 / sq.feet price in Pelham. The properties with the lowest average prices have 1 bedroom. They are 79 % cheaper than the average followed by properties with 2 bedrooms with a price at $279 / sq.feet.
With regard to the average price based upon the property in Pelham we can see that the cheapest property type is "House" at a price of $687,858, they are 53 % more affordable than the average price of (!PRECIO2!). "House" has the lowest price. This price is 53 % more affordable than the average price aforementioned.
According to the average area cost by sq.feet the cheapest property type is "House with an average price of $279 / sq.feet. "House" with an average cost of $279 / sq.feet has the lowest price and would be directed at less affluent cities.