Property prices for sale in Strathmore (Alberta)

The prices in real estate in Strathmore, in the Alberta 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.

$488,202.83
Average price last 6 months
$333.5
Price/sq.feet last 6 months
Average price per sq.feet

The price per sq.feet in Strathmore has increased strongly during the last 6 months. In November, the average price per sq.feet was $293. In December this price pretty much remained the same at a value of $288 per sq.feet. In the following two months the price per sq.feet has increased 107 %, going from $290.5 to $311 per sq.feet. The price per sq.feet has had a considerable increase of 133 % 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 $300.75 to $399 during March, and April.

Average price

Based upon to the price in Strathmore (cities), this has gone up in the last 6 months. In our first sample month during November, the average price is $464,281. In December This price remains at $457,731. During the following two months (January, February) the price has had an average incrementation from $461,006 to $494,548.5. Based on an analysis of the first four prices and the last two months the average price has gone up 107 % during the last two months.

Average price per bedrooms

The graph displaying the average price for bedrooms illustrates that those properties with 1 bedroom are the cheapest ones. At a price of $529,633 they are 64 % more affordable than the average price for Strathmore. The properties with the lowest average price have 4 bedrooms, Their price is 31 % cheaper than the average. After that we have properties with 3 bedrooms priced at $287,797.

With regard to the average price per sq.feet , those properties with 3 bedrooms are the cheapest ones at a cost of $154 / sq.feet, with an average $393 / sq.feet price in Strathmore. The properties with the lowest average prices have 4 bedrooms. They are 50 % cheaper than the average followed by properties with 1 bedroom with a price at $183 / sq.feet.

Price per property type

The graph displaying the average prices displays the property type "Condo" as the most affordable one. At an cost of $529,633 it is 72 % cheaper than the average price in Strathmore. "Apartment" is seen as the second most affordable property type. The cheapest type property is "House" followed by "Apartment". At a price of $221,470 it is 41 % more affordable than the average price.

According to the average cost per sq.feet, the cheapest property type is "Condo" at an average cost of $158 / sq.feet followed by "Apartment" priced at $181 / sq.feet. "House" is the cheapest type of property with a $282 / sq.feet value followed by "Apartment" with an average price of $181 / sq.feet.

Charts data
Average price April
Average price per sq.feet April
Number of properties used in Strathmore
Number of properties used in region Alberta
$529,633
$393
286
76,456
** Graph's data with null or zero value are due to there isn't enough data available to get a reliable value