The prices in real estate in Springwater, 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 Springwater has increased strongly during the last 6 months. In March, the average price per sq.feet was $1,130. In April this price pretty much remained the same at a value of $1,107 per sq.feet. The price for the following two months in (May, June) had a considerable increment of 7756 %. The price per sq.feet has had a considerable deflation of 12 % 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 $43,934 to $5,123.5 during July, and August.
Based upon to the price in Springwater (cities), this has gone downing the last 6 months. The average price during our first sample month during March, is $2,554,740. During April the price went through a considerable rise reaching $2,964,760. In the following two months the average price has remained the same with regard to the previous two months from $2,759,750 to $2,624,492.5. During the last two months the average price has had a strong fall compared to the previous four going from $2,692,121.25 to $1,673,974.5, which means a 62 % fall.
The graph showing the average price for bedrooms displays the property with the lowest price has 1 bedroom. It is 56 % cheaper than the average price of $784,298 in Springwater. Based on the bedrooms values, properties with the lowest prices are those with 1 bedroom. They are 56 % more affordable than the average aforementioned.
With regard to the average prices per sq.feet those properties with 1 bedroom are 63 % cheaper than the average price of ($305 / sq.feet) in Springwater. Properties with the most affordable price based upon to the number of bedrooms / sq.feet are those with 1 bedroom. They are 63 % cheaper than the average value aforementioned.
With regard to the average price based upon the property in Springwater we can see that the cheapest property type is "House" at a price of $784,298, they are 56 % more affordable than the average price of (!PRECIO2!). "House" has the lowest price. This price is 56 % 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 $305 / sq.feet. "House" with an average cost of $305 / sq.feet has the lowest price and would be directed at less affluent cities.