The prices in real estate in Russell, in the Ontario region have had a minor rise in the last couple of months. The real estate prices for second hand homes have risen in this city.
The price per sq.feet in Russell has increased during the last 6 months. In October, the average price per sq.feet was $404. In November this price pretty much remained the same at a value of $404 per sq.feet. In the following two months the price per sq.feet has increased 106 %, going from $404 to $428.5 per sq.feet. The price per sq.feet has increased 114 % 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 $416.25 to $474 during February, and March.
Based upon to the price in Russell (cities), this has gone up considerably in the last 6 months. In our first sample month during October, the average price is $491,538. In November This price remains at $491,538. During the following two months (December, January) the average price had a considerable increase of 126 % 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 148 % during the last two months.