Property prices for sale in Swan Hills (Alberta)
The prices in real estate in Swan Hills, in the Alberta 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 Swan Hills has had a strong decrease during the last 6 months. In October, the average price per sq.feet was $146. In November this price pretty much remained the same at a value of $146 per sq.feet. In the following two months the price per sq.feet has barely changed, going from $146 to $139 per sq.feet. The price per sq.feet has had a considerable deflation of 47 % 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 $142.5 to $67 during February, and March.
Based upon to the price in Swan Hills (cities), this has fallen considerably in the last 6 months. In our first sample month during October, the average price is $158,267. In November This price remains at $158,267. In the following two months the average price has remained the same with regard to the previous two months from $158,267 to $152,529. During the last two months the average price has had a strong fall compared to the previous four going from $155,398 to $75,316.5, which means a 48 % fall.
