Property prices for sale in Summerland (British Columbia)

The price per sq.feet in Summerland has remained the same in the last 6 months. In September, the average price per sq.feet was $515. In October this price pretty much remained the same at a value of $501 per sq.feet. In the following two months the price per sq.feet has barely changed, going from $508 to $516.5 per sq.feet. The price per sq.feet has decreased 92 % 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 $512.25 to $473.5 during January, and February.

Based upon to the price in Summerland (cities), this has fallen considerably in the last 6 months. The average price for September is $1,266,286. During October the price had a considerable reduction till $956,069. During the following two months (November, December) the average price fell 86 % with regard to the previous two months. During the last two months the average price has had a strong fall compared to the previous four going from $1,035,807.75 to $625,201.5, which means a 60 % fall.

The graph displaying the average price for bedrooms illustrates that those properties with 2 bedrooms are the cheapest ones. At a price of $589,103 they are 27 % more affordable than the average price for Summerland. Based on the bedrooms values, properties with the highest prices are those with 3 bedrooms. They are 67 % more expensive than the average aforementioned.

With regard to the average price per sq.feet , those properties with 2 bedrooms are the cheapest ones at a cost of $436 / sq.feet, with an average $479 / sq.feet price in Summerland. Properties with the most expensive price based upon to the number of bedrooms / sq.feet are those with 1 bedroom. They are 14 % more costly than the average value aforementioned.