The prices in real estate in Regina, in the Saskatchewan 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 Regina has had a strong decrease during the last 6 months. In December, the average price per sq.feet was $30,425. In the following month the price per sq.feet decreased considerably to $22,934. The price for the following two months in (February, March) had a considerable decrease of 1 with regard to the prior two months. The price per sq.feet has barely changed in the last two months compared to the average price of the previous four months going from an average price of $13,474.75 to $12,965.5 during April y May
Based upon to the price in Regina (cities), this has gone downing the last 6 months. In our first sample month during December, the average price is $276,119. In January This price remains at $281,200. During the following two months (February, March) the average price had a considerable reduction of 50 % 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 risen strongly 147 % 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 $293,528 they are 47 % more affordable than the average price for Regina. The properties with the highest average price have 4 bedrooms, Their price is 31 % more costly than the average. After that we have properties with 3 bedrooms priced at $303,487.
With regard to the average price per sq.feet , those properties with 4 bedrooms are the cheapest ones at a cost of $155 / sq.feet, with an average $11,159 / sq.feet price in Regina. The properties with the lowest average prices have 1 bedroom. They are 98 % cheaper than the average followed by properties with 3 bedrooms with a price at $169 / sq.feet.
The graph displaying the average prices displays the property type "House" as the most affordable one. At an cost of $293,528 it is 8 % cheaper than the average price in Regina. "Apartment" is seen as the second most affordable property type. The cheapest type property is "Apartment" followed by "House". At a price of $271,112 it is 4 % more affordable than the average price.
According to the average cost per sq.feet, the most expensive property type would be "Apartment" at an average cost of $22,865 / sq.feet followed by "House" priced at $71,951 / sq.feet. "House" is the most costly type of property with a $71,951 / sq.feet cost followed by "Apartment" with an average price of $22,865 / sq.feet.