The prices in real estate in Slave Lake, in the Alberta region have had a minor fall in the last couple of months. The real estate prices for second hand homes have fallen in this city
The price per sq.feet in Slave Lake has fallen in the last 6 months. In September, the average price per sq.feet was $249. In the following month the price per sq.feet decreased to $236. In the following two months the price per sq.feet has barely changed, going from $242.5 to $236 per sq.feet. The price per sq.feet has had a considerable deflation of 84 % 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 $239.25 to $200.5 during January, and February.
Based upon to the price in Slave Lake (cities), these have remained the same in the last 6 months. The average price for September is $315,150. During October the price had a slight fall till $280,921. In the following two months the average price has remained the same with regard to the previous two months from $298,035.5 to $294,953. Based on an analysis of the first four prices and the last two months the average price has gone up 109 % during the last two months.
The graph displaying the average price for bedrooms illustrates that those properties with 1 bedroom are the cheapest ones. At a price of $346,100 they are 66 % more affordable than the average price for Slave Lake. The properties with the highest average price have 4 bedrooms, Their price is 15 % more costly than the average. After that we have properties with 2 bedrooms priced at $242,323.
With regard to the average price per sq.feet , those properties with 3 bedrooms are the cheapest ones at a cost of $86 / sq.feet, with an average $197 / sq.feet price in Slave Lake. The properties with the highest average prices have 2 bedrooms. They are 4434 % more expensive than the average followed by properties with 4 bedrooms with a price at $244 / sq.feet.
With regard to the average price based upon the property in Slave Lake we can see that the cheapest property type is "Land" at a price of $282,615, they are 18 % more affordable than the average price of (!PRECIO2!). "Land" has the lowest price. This price is 18 % more affordable than the average price aforementioned.
According to the average area price by sq.feet the most costly property type is "Land with an average price of $160,779 / sq.feet. "Land" at an average price of $160,779 / sq.feet has the most expensive price and would be directed at more affluent cities.