The prices in real estate in Repentigny, in the Quebec 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 Repentigny has increased strongly during the last 6 months. In October, the average price per sq.feet was $448. In the following month the price per sq.feet increased considerably to $664. The price for the following two months in (December, January) had a considerable increment of 208 %. The price per sq.feet has had a considerable deflation of 81 % 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 $857 to $695 during February, and March.
Based upon to the price in Repentigny (cities), these have remained the same in the last 6 months. The price in October is $545,461, rising in November till $576,160. In the following two months the average price has remained the same with regard to the previous two months from $560,810.5 to $537,628. During the last two months, the average price has reduced with regard to the previous ones. To be precise it has gone down 92 %, going from $549,219.25 to $506,145 in February and March.
The graph displaying the average price for bedrooms illustrates that those properties with 1 bedroom are the cheapest ones. At a price of $501,660 they are 41 % more affordable than the average price for Repentigny. The properties with the highest average price have 4 bedrooms, Their price is 24 % more costly than the average. After that we have properties with 3 bedrooms priced at $516,551.
With regard to the average price per sq.feet , those properties with 2 bedrooms are the cheapest ones at a cost of $340 / sq.feet, with an average $665 / sq.feet price in Repentigny. The properties with the lowest average prices have 4 bedrooms. They are 28 % cheaper than the average followed by properties with 3 bedrooms with a price at $434 / sq.feet.
The graph displaying the average prices displays the property type "Office" as the most affordable one. At an cost of $501,660 it is 57 % cheaper than the average price in Repentigny. "Apartment" is seen as the second most affordable property type. The dearest property type is "Bungalow" followed by "House". At a price of $463,304 it is 11 % more expensive than the average price.
According to the average cost per sq.feet, the cheapest property type is "Condo" at an average cost of $399 / sq.feet followed by "Bungalow" priced at $462 / sq.feet. "Apartment" is the most costly type of property with a $3,986 / sq.feet cost followed by "House" with an average price of $3,637 / sq.feet.