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 June, the average price per sq.feet was $778. In July this price pretty much remained the same at a value of $766 per sq.feet. In the following two months the price per sq.feet has barely changed, going from $772 to $808 per sq.feet. The price per sq.feet has barely changed in the last two months compared to the average price of the previous four months going from an average price of $790 to $779.5 during October y November
Based upon to the price in Port Moody (cities), this has fallen considerably in the last 6 months. The average price for June is $1,756,361. During July the price had a considerable reduction till $1,486,403. During the following two months (August, September) 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 89 %, going from $1,505,988.25 to $1,338,010.5 in October and November.
The graph displaying the average price for bedrooms illustrates that those properties with 1 bedroom are the cheapest ones. At a price of $1,307,188 they are 53 % more affordable than the average price for Port Moody. The properties with the highest average price have 4 bedrooms, Their price is 37 % more costly than the average. After that we have properties with 3 bedrooms priced at $1,607,336.
With regard to the average price per sq.feet , those properties with 4 bedrooms are the cheapest ones at a cost of $698 / sq.feet, with an average $800 / sq.feet price in Port Moody. The properties with the highest average prices have 1 bedroom. They are 22 % more expensive than the average followed by properties with 2 bedrooms with a price at $858 / sq.feet.
The graph displaying the average prices displays the property type "Condo" as the most affordable one. At an cost of $1,307,188 it is 48 % cheaper than the average price in Port Moody. "House" is seen as the second most affordable property type. The dearest property type is "Apartment" followed by "House". At a price of $1,965,038 it is 59 % more expensive than the average price.
According to the average cost per sq.feet, the cheapest property type is "House" at an average cost of $689 / sq.feet followed by "Condo" priced at $776 / sq.feet. "Apartment" is the most costly type of property with a $1,230 / sq.feet cost followed by "Condo" with an average price of $776 / sq.feet.