The prices in real estate in Severn, 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 Severn has increased strongly during the last 6 months. In April, the average price per sq.feet was $703. In May this price pretty much remained the same at a value of $693 per sq.feet. The price for the following two months in (June, July) had a considerable increment of 833 %. The price per sq.feet has had a considerable increase of 164 % 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 $3,257 to $5,340 during August, and September.
Based upon to the price in Severn (cities), this has fallen considerably in the last 6 months. The average price for April is $1,472,031. During May the price had a slight fall till $1,347,188. During the following two months (June, July) the average price fell 90 % 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 $1,339,408 to $1,084,550.5, which means a 81 % fall.
The graph showing the average price for bedrooms displays the property with the lowest price has 1 bedroom. It is 48 % cheaper than the average price of $529,552 in Severn. Based on the bedrooms values, properties with the lowest prices are those with 1 bedroom. They are 48 % more affordable than the average aforementioned.
With regard to the average prices per sq.feet those properties with 1 bedroom are 17 % cheaper than the average price of ($608 / sq.feet) in Severn. Properties with the most affordable price based upon to the number of bedrooms / sq.feet are those with 1 bedroom. They are 17 % cheaper than the average value aforementioned.
With regard to the average price based upon the property in Severn we can see that the cheapest property type is "House" at a price of $529,552, they are 48 % more affordable than the average price of (!PRECIO2!). "House" has the lowest price. This price is 48 % more affordable than the average price aforementioned.
According to the average area cost by sq.feet the cheapest property type is "House with an average price of $608 / sq.feet. "House" with an average cost of $608 / sq.feet has the lowest price and would be directed at less affluent cities.