The prices in real estate in Sylvan Lake, in the Alberta region have had a minor fall in the last couple of months. The real estate prices for second hand homes have fallen in this city
The price per sq.feet in Sylvan Lake has fallen in the last 6 months. In August, the average price per sq.feet was $12,381. In the following month the price per sq.feet increased to $13,260. The price for the following two months in (October, November) had a considerable increment of 124 %. The price per sq.feet has had a considerable deflation of 48 % 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 $14,353.5 to $6,871.5 during December, and January.
Based upon to the price in Sylvan Lake (cities), this has fallen considerably in the last 6 months. The average price for August is $515,020. During September the price had a considerable reduction till $379,389. During the following two months (October, November) the average price had a considerable reduction of 84 % 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 $410,392.25 to $313,400, which means a 76 % fall.
The graph showing the average price for bedrooms displays the property with the most expensive price has 1 bedroom. It is 14 % more costly than the average price of $340,421 in Sylvan Lake. Based on the bedrooms values, properties with the highest prices are those with 1 bedroom. They are 14 % more expensive than the average aforementioned.
With regard to the average prices per sq.feet those properties with 1 bedroom are 23 % cheaper than the average price of ($6,340 / sq.feet) in Sylvan Lake. Properties with the most affordable price based upon to the number of bedrooms / sq.feet are those with 1 bedroom. They are 23 % cheaper than the average value aforementioned.
With regard to the average price based upon the property in Sylvan Lake we can see that most expensive property type is "House" at a price of $340,421, they are 14 % more costly than the average price of (!PRECIO2!). "House" has the highest price. This price is 14 % more expensive than the average price aforementioned.
According to the average area cost by sq.feet the cheapest property type is "House with an average price of $6,340 / sq.feet. "House" with an average cost of $6,340 / sq.feet has the lowest price and would be directed at less affluent cities.