Property prices for sale in Spaniards Bay (Newfoundland And Labrador)
The prices in real estate in Spaniards Bay, in the Newfoundland And Labrador 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 Spaniards Bay has had a strong decrease during the last 6 months. In October, the average price per sq.feet was $132. In November this price pretty much remained the same at a value of $132 per sq.feet. The price for the following two months in (December, January) had a considerable decrease of 50 with regard to the prior two months. The price per sq.feet has had a considerable increase of 138 % 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 $99 to $137 during February, and March.
Based upon to the price in Spaniards Bay (cities), this has gone downing the last 6 months. In our first sample month during October, the average price is $245,920. In November This price remains at $245,920. During the following two months (December, January) the average price had a considerable reduction of 50 % 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 risen strongly 157 % during the last two months.
