The prices in real estate in Port Stanley, in the Ontario region have had a minor fall in the last couple of months. The real estate prices for second hand homes have fallen in this city
The price per sq.feet in Port Stanley has fallen in the last 6 months. In October, the average price per sq.feet was $694. In November this price pretty much remained the same at a value of $710 per sq.feet. The price for the following two months in (December, January) decreased 87 % with regard to the prior two months. The price per sq.feet has had a considerable deflation of 80 % 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 $656.25 to $522 during February, and March.
Based upon to the price in Port Stanley (cities), this has gone up in the last 6 months. In our first sample month during October, the average price is $741,000. In November This price remains at $764,875. In the following two months the average price has remained the same with regard to the previous two months from $752,937.5 to $759,773. Based on an analysis of the first four prices and the last two months the average price has gone up 109 % during the last two months.