Property prices for sale in Rothesay (New Brunswick)
The prices in real estate in Rothesay, in the New Brunswick 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 Rothesay has had a strong decrease during the last 6 months. In October, the average price per sq.feet was $294. In the following month the price per sq.feet increased to $311. The price for the following two months in (December, January) had a considerable decrease of 51 with regard to the prior two months. The price per sq.feet has had a considerable deflation of 62 % 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 $229 to $141 during February, and March.
Based upon to the price in Rothesay (cities), this has fallen considerably in the last 6 months. The price in October is $665,643, rising in November till $751,200. During the following two months (December, January) the average price had a considerable reduction of 53 % 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 $542,010.75 to $313,983.5, which means a 58 % fall.
