The prices in real estate in St. John's, in the Newfoundland And Labrador 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 St. John's has fallen in the last 6 months. In April, the average price per sq.feet was $168. In May this price pretty much remained the same at a value of $170 per sq.feet. The price for the following two months in (June, July) decreased 90 % with regard to the prior two months. 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 $160.25 to $153.5 during August y September
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 April, the average price is $288,093. In May This price remains at $291,846. In the following two months the average price has remained the same with regard to the previous two months from $289,969.5 to $282,564. Based on an analysis of the first four prices and the last two months the average price has gone up 110 % during the last two months.
The graph displaying the average price for bedrooms illustrates that those properties with 2 bedrooms are the cheapest ones. At a price of $320,778 they are 21 % more affordable than the average price for St. John's. 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 1 bedroom priced at $309,450.
With regard to the average price per sq.feet , those properties with 4 bedrooms are the cheapest ones at a cost of $142 / sq.feet, with an average $155 / sq.feet price in St. John's. The properties with the highest average prices have 1 bedroom. They are 110 % more expensive than the average followed by properties with 2 bedrooms with a price at $191 / sq.feet.
The graph displaying the average prices displays the property type "Land" as the most affordable one. At an cost of $320,778 it is 65 % 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 $299,737 it is 119 % 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 $16 / sq.feet followed by "Office" priced at $142 / sq.feet. "House" is the most costly type of property with a $163 / sq.feet cost followed by "Apartment" with an average price of $144 / sq.feet.