Property prices for sale in St. John's (Newfoundland And Labrador)
The prices in real estate in St. John's, in the Newfoundland And Labrador 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 St. John's has increased strongly during the last 6 months. In March, the average price per sq.feet was $201. In April this price pretty much remained the same at a value of $200 per sq.feet. In the following two months the price per sq.feet has barely changed, going from $200.5 to $207 per sq.feet. The price per sq.feet has had a considerable increase of 139 % 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 $203.75 to $282.5 during July, and August.
Based upon to the price in St. John's (cities), these have remained the same in the last 6 months. In our first sample month during March, the average price is $414,956. In April This price remains at $415,044. During the following two months (May, June) the price has had an average incrementation from $415,000 to $436,172.5. During the last two months, the average price has pretty much remained the same with regard to the previous average values going from an average value of $425,586.25 and $423,496.5 between July and August.
The graph displaying the average price for bedrooms illustrates that those properties with 2 bedrooms are the cheapest ones. At a price of $434,596 they are 17 % more affordable than the average price for St. John's. The properties with the highest average price have 1 bedroom, Their price is 17 % more costly than the average. After that we have properties with 4 bedrooms priced at $407,249.
With regard to the average price per sq.feet , those properties with 4 bedrooms are the cheapest ones at a cost of $156 / sq.feet, with an average $290 / sq.feet price in St. John's. The properties with the lowest average prices have 2 bedrooms. They are 5 % cheaper than the average followed by properties with 1 bedroom with a price at $244 / sq.feet.
The graph displaying the average prices displays the property type "" as the most affordable one. At an cost of $434,596 it is 75 % cheaper than the average price in St. John's. "Apartment" is seen as the second most affordable property type. The dearest property type is "Office" followed by "House". At a price of $442,522 it is 54 % more expensive than the average price.
According to the average cost per sq.feet, the cheapest property type is "Office" at an average cost of $95 / sq.feet followed by "House" priced at $191 / sq.feet. "Apartment" is the cheapest type of property with a $230 / sq.feet value followed by "House" with an average price of $191 / sq.feet.
