Property prices for sale in Strathroy (Ontario)
The prices in real estate in Strathroy, in the Ontario region have had a strong fall in the last couple of months. The real estate prices for second hand homes have gone through a strong fall in this city.
The price per sq.feet in Strathroy has had a strong decrease during the last 6 months. In November, the average price per sq.feet was $27,767. In the following month the price per sq.feet decreased considerably to $13,370. The price for the following two months in (January, February) had a considerable decrease of 6 with regard to the prior two months. The price per sq.feet has had a considerable deflation of 5 % 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 $10,878.25 to $567 during March, and April.
Based upon to the price in Strathroy (cities), these have remained the same in the last 6 months. The average price during our first sample month during November, is $933,088. During December the price went through a considerable rise reaching $1,086,071. In the following two months the average price has remained the same with regard to the previous two months from $1,009,579.5 to $999,114.5. During the last two months the average price has had a strong fall compared to the previous four going from $1,004,347 to $820,535.5, which means a 82 % fall.
The graph displaying the average price for bedrooms illustrates that those properties with 1 bedroom are the cheapest ones. At a price of $821,663 they are 71 % more affordable than the average price for Strathroy. The properties with the lowest average price have 4 bedrooms, Their price is 27 % cheaper than the average. After that we have properties with 3 bedrooms priced at $501,976.
With regard to the average price per sq.feet , those properties with 4 bedrooms are the cheapest ones at a cost of $229 / sq.feet, with an average $575 / sq.feet price in Strathroy. The properties with the highest average prices have 1 bedroom. They are 1189 % more expensive than the average followed by properties with 2 bedrooms with a price at $301 / sq.feet.
The graph displaying the average prices displays the property type "House" as the most affordable one. At an cost of $821,663 it is 45 % cheaper than the average price in Strathroy. "Office" is seen as the second most affordable property type. The cheapest type property is "Office" followed by "House". At a price of $455,132 it is 43 % more affordable than the average price.
According to the average cost per sq.feet, the cheapest property type is "Office" at an average cost of $225 / sq.feet followed by "House" priced at $1,059 / sq.feet. "House" is the most costly type of property with a $1,059 / sq.feet cost followed by "Office" with an average price of $225 / sq.feet.
