Property prices for sale in Sarnia (Ontario)
The prices in real estate in Sarnia, in the Ontario 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 Sarnia has increased strongly during the last 6 months. In October, the average price per sq.feet was $310. In the following month the price per sq.feet decreased to $292. The price for the following two months in (December, January) had a considerable increment of 138 %. The price per sq.feet has increased 110 % 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 $358.75 to $393.5 during February, and March.
Based upon to the price in Sarnia (cities), this has gone up considerably in the last 6 months. The average price for October is $478,221. During November the price had a slight fall till $452,778. During the following two months (December, January) the average price had a considerable increase of 123 % 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 gone up 113 % during the last two months.
The graph displaying the average price for bedrooms illustrates that those properties with 4 bedrooms are the cheapest ones. At a price of $607,678 they are 47 % more affordable than the average price for Sarnia. The properties with the lowest average price have 1 bedroom, Their price is 36 % cheaper than the average. After that we have properties with 3 bedrooms priced at $328,616.
With regard to the average price per sq.feet , those properties with 1 bedroom are the most costly ones at a cost of $190,626 / sq.feet, with an average $401 / sq.feet price in Sarnia. The properties with the highest average prices have 3 bedrooms. They are 55662 % more expensive than the average followed by properties with 4 bedrooms with a price at $219,385 / sq.feet.
The graph displaying the average prices displays the property type "Condo" as the most affordable one. At an cost of $607,678 it is 47 % cheaper than the average price in Sarnia. "Apartment" is seen as the second most affordable property type. The cheapest type property is "Apartment" followed by "Condo". At a price of $320,807 it is 47 % more affordable than the average price.
According to the average cost per sq.feet, the most expensive property type would be "Condo" at an average cost of $218,288 / sq.feet followed by "Apartment" priced at $219,385 / sq.feet. "Apartment" is the most costly type of property with a $219,385 / sq.feet cost followed by "Condo" with an average price of $218,288 / sq.feet.
