The prices in real estate in Quinte West, 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 Quinte West has increased strongly during the last 6 months. In September, the average price per sq.feet was $522. In the following month the price per sq.feet increased considerably to $101,935. The price for the following two months in (November, December) had a considerable increment of 207 %. The price per sq.feet has had a considerable deflation of 1 % 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 $78,694.75 to $453.5 during January, and February.
Based upon to the price in Quinte West (cities), this has gone downing the last 6 months. The average price for September is $731,977. During October the price had a slight fall till $626,331. During the following two months (November, December) the average price fell 94 % with regard to the previous two months. Based on an analysis of the first four prices and the last two months the average price has gone up 113 % 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 $688,890 they are 61 % more affordable than the average price for Quinte West. The properties with the lowest average price have 2 bedrooms, Their price is 28 % cheaper than the average. After that we have properties with 4 bedrooms priced at $438,135.
With regard to the average price per sq.feet , those properties with 1 bedroom are the cheapest ones at a cost of $248 / sq.feet, with an average $461 / sq.feet price in Quinte West. The properties with the highest average prices have 3 bedrooms. They are 19420 % more expensive than the average followed by properties with 4 bedrooms with a price at $1,735 / sq.feet.
With regard to the average price based upon the property in Quinte West we can see that the cheapest property type is "House" at a price of $438,135, they are 36 % more affordable than the average price of (!PRECIO2!). "House" has the lowest price. This price is 36 % more affordable than the average price aforementioned.
According to the average area price by sq.feet the most costly property type is "House with an average price of $1,735 / sq.feet. "House" at an average price of $1,735 / sq.feet has the most expensive price and would be directed at more affluent cities.