Property prices for sale in Saguenay (Quebec)
The prices in real estate in Saguenay, in the Quebec 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 Saguenay has had a strong decrease during the last 6 months. In October, the average price per sq.feet was $1,745. In the following month the price per sq.feet decreased considerably to $321. The price for the following two months in (December, January) had a considerable decrease of 25 with regard to the prior two months. The price per sq.feet has had a considerable deflation of 49 % 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 $645.75 to $319.5 during February, and March.
Based upon to the price in Saguenay (cities), this has fallen considerably in the last 6 months. The average price for October is $465,935. During November the price had a considerable reduction till $386,950. During the following two months (December, January) the average price had a considerable reduction of 78 % 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 $379,149.75 to $321,025.5, which means a 85 % fall.
The graph displaying the average price for bedrooms illustrates that those properties with 1 bedroom are the cheapest ones. At a price of $331,520 they are 70 % more affordable than the average price for Saguenay. The properties with the lowest average price have 4 bedrooms, Their price is 20 % cheaper than the average. After that we have properties with 3 bedrooms priced at $172,018.
With regard to the average price per sq.feet , those properties with 1 bedroom are the cheapest ones at a cost of $55 / sq.feet, with an average $337 / sq.feet price in Saguenay. The properties with the lowest average prices have 3 bedrooms. They are 62 % cheaper than the average followed by properties with 4 bedrooms with a price at $114 / sq.feet.
The graph displaying the average prices displays the property type "Condo" as the most affordable one. At an cost of $331,520 it is 51 % 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 $183,851 it is 42 % 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 $106 / sq.feet followed by "Condo" priced at $112 / sq.feet. "Land" is the most costly type of property with a $675 / sq.feet cost followed by "Apartment" with an average price of $419 / sq.feet.
