Property prices for sale in Pouch Cove (Newfoundland And Labrador)

The price per sq.feet in Pouch Cove has had a strong decrease during the last 6 months. In October, the average price per sq.feet was $150. In November this price pretty much remained the same at a value of $150 per sq.feet. The price for the following two months in (December, January) had a considerable decrease of 50 with regard to the prior two months. The price per sq.feet has had a considerable deflation of 79 % 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 $112.5 to $88.5 during February, and March.

Based upon to the price in Pouch Cove (cities), this has fallen considerably in the last 6 months. In our first sample month during October, the average price is $376,633. In November This price remains at $376,633. During the following two months (December, January) the average price had a considerable reduction of 50 % 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 $282,474.75 to $173,966.5, which means a 62 % fall.