The prices in real estate in Port Severn, in the Ontario region have had a strong rise in the last couple of months. The real estate prices for second hand homes have gone through a strong increase in this city.
The price per sq.feet in Port Severn has increased strongly during the last 6 months. In November, the average price per sq.feet was $479. In the following month the price per sq.feet increased considerably to $1,218. The price for the following two months in (January, February) had a considerable increment of 191 %. The price per sq.feet has had a considerable deflation of 66 % 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 $1,234.75 to $821 during March, and April.
Based upon to the price in Port Severn (cities), this has fallen considerably in the last 6 months. The average price for November is $3,628,333. During December the price had a considerable reduction till $2,686,143. During the following two months (January, February) the average price had a considerable reduction of 58 % with regard to the previous two months. During the last two months the average price has had a strong fall compared to the previous four going from $2,491,343.25 to $1,643,894.5, which means a 66 % fall.