The prices in real estate in Sexsmith, in the Alberta 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 Sexsmith has had a strong decrease during the last 6 months. In October, the average price per sq.feet was $5,834. In the following month the price per sq.feet increased to $6,503. The price for the following two months in (December, January) had a considerable decrease of 41 with regard to the prior two months. The price per sq.feet has had a considerable deflation of 6 % 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 $4,350 to $249 during February, and March.
Based upon to the price in Sexsmith (cities), this has gone downing the last 6 months. The average price for October is $391,278. During November the price had a slight fall till $351,438. In the following two months the average price has remained the same with regard to the previous two months from $371,358 to $361,086.5. During the last two months, the average price has reduced with regard to the previous ones. To be precise it has gone down 94 %, going from $366,222.25 to $344,430 in February and March.