Property prices for sale in Sudbury (Ontario)
The prices in real estate in Sudbury, 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 Sudbury has had a strong decrease during the last 6 months. In October, the average price per sq.feet was $80,826. In the following month the price per sq.feet increased to $90,137. The price for the following two months in (December, January) had a considerable decrease of 33 with regard to the prior two months. The price per sq.feet has had a considerable deflation of 2 % 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 $56,717.25 to $920.5 during February, and March.
Based upon to the price in Sudbury (cities), these have remained the same in the last 6 months. The average price for October is $568,542. During November the price had a slight fall till $525,933. During the following two months (December, January) the price has had an average incrementation from $547,237.5 to $585,473. 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 $566,355.25 and $544,631.5 between February and March.
The graph displaying the average price for bedrooms illustrates that those properties with 2 bedrooms are the cheapest ones. At a price of $510,392 they are 31 % more affordable than the average price for Sudbury. The properties with the highest average price have 1 bedroom, Their price is 25 % more costly than the average. After that we have properties with 4 bedrooms priced at $581,920.
With regard to the average price per sq.feet , those properties with 3 bedrooms are the cheapest ones at a cost of $444 / sq.feet, with an average $876 / sq.feet price in Sudbury. The properties with the highest average prices have 1 bedroom. They are 164 % more expensive than the average followed by properties with 2 bedrooms with a price at $634 / sq.feet.
The graph displaying the average prices displays the property type "Commercial" as the most affordable one. At an cost of $510,392 it is 48 % cheaper than the average price in Sudbury. "Condo" is seen as the second most affordable property type. The dearest property type is "House" followed by "Land". At a price of $402,933 it is 7 % more expensive than the average price.
According to the average cost per sq.feet, the cheapest property type is "House" at an average cost of $610 / sq.feet followed by "Land" priced at $27,933 / sq.feet. "Condo" is the most costly type of property with a $106,247 / sq.feet cost followed by "Commercial" with an average price of $52,534 / sq.feet.
