Property prices for sale in Redwater (Alberta)
The prices in real estate in Redwater, in the Alberta 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 Redwater has fallen in the last 6 months. In October, the average price per sq.feet was $171. In the following month the price per sq.feet decreased to $152. The price for the following two months in (December, January) had a considerable increment of 132 %. The price per sq.feet has had a considerable deflation of 53 % 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 $187.25 to $99.5 during February, and March.
Based upon to the price in Redwater (cities), this has gone downing the last 6 months. The average price for October is $189,933. During November the price had a slight fall till $171,940. During the following two months (December, January) the average price had a considerable increase of 133 % 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 $210,656.25 to $109,293.5, which means a 52 % fall.
