The prices in real estate in Regina, in the Saskatchewan region have remained the same in the last couple of months. The real estate prices for second hand homes have remained in this city.
The price per sq.feet in Regina has remained the same in the last 6 months. In December, the average price per sq.feet was $252. In the following month the price per sq.feet decreased to $239. The price for the following two months in (February, March) decreased 91 % with regard to the prior two months. The price per sq.feet has increased 113 % 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 $235 to $265.5 during April, and May.
Based upon to the price in Regina (cities), these have remained the same in the last 6 months. In our first sample month during December, the average price is $277,743. In January This price remains at $272,969. In the following two months the average price has remained the same with regard to the previous two months from $275,356 to $263,290. Based on an analysis of the first four prices and the last two months the average price has risen strongly 115 % 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 $316,260 they are 64 % more affordable than the average price for Regina. The properties with the highest average price have 4 bedrooms, Their price is 46 % more costly than the average. After that we have properties with 3 bedrooms priced at $331,615.
With regard to the average price per sq.feet , those properties with 1 bedroom are the cheapest ones at a cost of $174 / sq.feet, with an average $268 / sq.feet price in Regina. The properties with the highest average prices have 4 bedrooms. They are 17 % more expensive than the average followed by properties with 3 bedrooms with a price at $264 / sq.feet.
The graph displaying the average prices displays the property type "Condo" as the most affordable one. At an cost of $316,260 it is 32 % cheaper than the average price in Regina. "Office" is seen as the second most affordable property type. The dearest property type is "Land" followed by "Townhouse". At a price of $1,256,056 it is 344 % more expensive than the average price.
According to the average cost per sq.feet, the most expensive property type would be "House" at an average cost of $289 / sq.feet followed by "Office" priced at $21,771 / sq.feet. "Land" is the most costly type of property with a $434,256 / sq.feet cost followed by "Townhouse" with an average price of $246,656 / sq.feet.