The prices in real estate in Saguenay, 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 Saguenay has increased strongly during the last 6 months. In August, the average price per sq.feet was $207. In the following month the price per sq.feet increased considerably to $267. The price for the following two months in (October, November) had a considerable increment of 289 %. 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 $461.5 to $372.5 during December, and January.
Based upon to the price in Saguenay (cities), this has gone up considerably in the last 6 months. The average price during our first sample month during August, is $285,473. During September the price went through a considerable rise reaching $340,170. During the following two months (October, November) the average price had a considerable increase of 153 % with regard to the previous two months. During the last two months, the average price has reduced with regard to the previous ones. To be precise it has gone down 86 %, going from $395,045.5 to $340,185 in December and January.
The graph displaying the average price for bedrooms illustrates that those properties with 1 bedroom are the cheapest ones. At a price of $311,727 they are 68 % more affordable than the average price for Saguenay. The properties with the lowest average price have 4 bedrooms, Their price is 14 % cheaper than the average. After that we have properties with 3 bedrooms priced at $174,452.
With regard to the average price per sq.feet , those properties with 1 bedroom are the cheapest ones at a cost of $64 / sq.feet, with an average $259 / sq.feet price in Saguenay. The properties with the lowest average prices have 3 bedrooms. They are 46 % cheaper than the average followed by properties with 4 bedrooms with a price at $128 / sq.feet.
The graph displaying the average prices displays the property type "Condo" as the most affordable one. At an cost of $311,727 it is 48 % cheaper than the average price in Saguenay. "Land" is seen as the second most affordable property type. The cheapest type property is "House" followed by "Apartment". At a price of $186,452 it is 37 % more affordable than the average price.
According to the average cost per sq.feet, the cheapest property type is "House" at an average cost of $120 / sq.feet followed by "Condo" priced at $126 / sq.feet. "Land" is the most costly type of property with a $689 / sq.feet cost followed by "Apartment" with an average price of $433 / sq.feet.