Property prices for sale in Spruce Grove (Alberta)
The prices in real estate in Spruce Grove, in the Alberta region have remained the same in the last couple of months. The real estate prices for second hand homes have remained in this city.
The price per sq.feet in Spruce Grove has remained the same in the last 6 months. In October, the average price per sq.feet was $276. In November this price pretty much remained the same at a value of $271 per sq.feet. In the following two months the price per sq.feet has barely changed, going from $273.5 to $280 per sq.feet. The price per sq.feet has barely changed in the last two months compared to the average price of the previous four months going from an average price of $276.75 to $290.5 during February y March
Based upon to the price in Spruce Grove (cities), this has gone up considerably in the last 6 months. In our first sample month during October, the average price is $436,574. In November This price remains at $425,182. During the following two months (December, January) the average price had a considerable increase of 120 % 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 gone up 113 % 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 $515,994 they are 73 % more affordable than the average price for Spruce Grove. The properties with the highest average price have 4 bedrooms, Their price is 8 % more costly than the average. After that we have properties with 3 bedrooms priced at $463,934.
With regard to the average price per sq.feet , those properties with 1 bedroom are the cheapest ones at a cost of $175 / sq.feet, with an average $287 / sq.feet price in Spruce Grove. The properties with the highest average prices have 2 bedrooms. They are 22 % more expensive than the average followed by properties with 4 bedrooms with a price at $287 / sq.feet.
The graph displaying the average prices displays the property type "Condo" as the most affordable one. At an cost of $515,994 it is 68 % cheaper than the average price in Spruce Grove. "Land" is seen as the second most affordable property type. The dearest property type is "House" followed by "Land". At a price of $340,949 it is 4 % more expensive than the average price.
According to the average cost per sq.feet, the cheapest property type is "Land" at an average cost of $96 / sq.feet followed by "Condo" priced at $188 / sq.feet. "House" is the most costly type of property with a $293 / sq.feet cost followed by "Condo" with an average price of $188 / sq.feet.
