Property prices for sale in Ramara (Ontario)
The prices in real estate in Ramara, in the Ontario region have had a strong fall in the last couple of months. The real estate prices for second hand homes have gone through a strong fall in this city.
The price per sq.feet in Ramara has had a strong decrease during the last 6 months. In April, the average price per sq.feet was $965. In the following month the price per sq.feet decreased considerably to $797. The price for the following two months in (June, July) had a considerable decrease of 75 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 $771.25 to $618.5 during August, and September.
Based upon to the price in Ramara (cities), this has fallen considerably in the last 6 months. The average price for April is $1,451,229. During May the price had a slight fall till $1,236,744. During the following two months (June, July) the average price had a considerable reduction of 76 % 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 $1,182,516.25 to $868,624, which means a 73 % fall.
The graph displaying the average price for bedrooms illustrates that those properties with 1 bedroom are the cheapest ones. At a price of $846,112 they are 75 % more affordable than the average price for Ramara. The properties with the lowest average price have 4 bedrooms, Their price is 13 % cheaper than the average. After that we have properties with 3 bedrooms priced at $599,091.
With regard to the average price per sq.feet , those properties with 2 bedrooms are the cheapest ones at a cost of $234 / sq.feet, with an average $613 / sq.feet price in Ramara. The properties with the lowest average prices have 3 bedrooms. They are 44 % cheaper than the average followed by properties with 1 bedroom with a price at $298 / sq.feet.
With regard to the average price based upon the property in Ramara we can see that the cheapest property type is "House" at a price of $622,720, they are 26 % more affordable than the average price of (!PRECIO2!). "House" has the lowest price. This price is 26 % more affordable than the average price aforementioned.
According to the average area cost by sq.feet the cheapest property type is "House with an average price of $308 / sq.feet. "House" with an average cost of $308 / sq.feet has the lowest price and would be directed at less affluent cities.
