Property prices for sale in Penetanguishene (Ontario)

The prices in real estate in Penetanguishene, 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.

$1,019,239.17
Average price last 6 months
$16,440
Price/sq.feet last 6 months
Average price per sq.feet

The price per sq.feet in Penetanguishene has had a strong decrease during the last 6 months. In October, the average price per sq.feet was $30,305. In the following month the price per sq.feet increased to $33,761. The price for the following two months in (December, January) had a considerable decrease of 51 with regard to the prior two months. The price per sq.feet has had a considerable deflation of 3 % 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 $24,263.5 to $793 during February, and March.

Average price

Based upon to the price in Penetanguishene (cities), this has gone up considerably in the last 6 months. In our first sample month during October, the average price is $745,852. In November This price remains at $765,685. During the following two months (December, January) the average price had a considerable increase of 118 % 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 172 % during the last two months.

Average price per bedrooms

The graph showing the average price for bedrooms displays the property with the lowest price has 2 bedrooms. It is 67 % cheaper than the average price of $527,194 in Penetanguishene. Based on the bedrooms values, properties with the lowest prices are those with 1 bedroom. They are 47 % more affordable than the average aforementioned.

With regard to the average prices per sq.feet those properties with 2 bedrooms are 53 % cheaper than the average price of ($418 / sq.feet) in Penetanguishene. Properties with the most affordable price based upon to the number of bedrooms / sq.feet are those with 1 bedroom. They are 46 % cheaper than the average value aforementioned.

Charts data
Average price March
Average price per sq.feet March
Number of properties used in Penetanguishene
Number of properties used in region Ontario
$1,580,356
$886
206
358,008
** Graph's data with null or zero value are due to there isn't enough data available to get a reliable value