The prices in real estate in Port Moody, in the British Columbia region have remained the same in the last couple of months. The real estate prices for second hand homes have remained in this city.
The price per sq.feet in Port Moody has remained the same in the last 6 months. In October, the average price per sq.feet was $817. In November this price pretty much remained the same at a value of $816 per sq.feet. In the following two months the price per sq.feet has barely changed, going from $816.5 to $807 per sq.feet. The price per sq.feet has decreased 94 % 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 $811.75 to $762 during February, and March.
Based upon to the price in Port Moody (cities), this has gone up considerably in the last 6 months. The price in October is $822,572, rising in November till $878,221. During the following two months (December, January) the price has had an average incrementation from $850,396.5 to $953,264. Based on an analysis of the first four prices and the last two months the average price has risen strongly 175 % during the last two months.
The graph displaying the average price for bedrooms illustrates that those properties with 1 bedroom are the cheapest ones. At a price of $2,157,200 they are 72 % more affordable than the average price for Port Moody. The properties with the highest average price have 4 bedrooms, Their price is 1 % more costly than the average. After that we have properties with 3 bedrooms priced at $1,178,563.
With regard to the average price per sq.feet , those properties with 3 bedrooms are the cheapest ones at a cost of $693 / sq.feet, with an average $723 / sq.feet price in Port Moody. The properties with the highest average prices have 1 bedroom. They are 24 % more expensive than the average followed by properties with 2 bedrooms with a price at $746 / sq.feet.
The graph displaying the average prices displays the property type "Condo" as the most affordable one. At an cost of $2,157,200 it is 61 % cheaper than the average price in Port Moody. "House" is seen as the second most affordable property type. The cheapest type property is "House" followed by "Condo". At a price of $846,899 it is 23 % more affordable than the average price.
According to the average cost per sq.feet, the most expensive property type would be "House" at an average cost of $738 / sq.feet followed by "Condo" priced at $808 / sq.feet. "Condo" is the most costly type of property with a $808 / sq.feet cost followed by "House" with an average price of $738 / sq.feet.