The prices in real estate in Tofino, in the British Columbia 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 Tofino has had a strong decrease during the last 6 months. In September, the average price per sq.feet was $1,000. In the following month the price per sq.feet decreased considerably to $724. The price for the following two months in (November, December) decreased 94 % with regard to the prior two months. The price per sq.feet has decreased 94 % 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 $838 to $784.5 during January, and February.
Based upon to the price in Tofino (cities), this has gone up in the last 6 months. The price in September is $1,494,933, rising in October till $1,622,760. During the following two months (November, December) the price has had an average incrementation from $1,558,846.5 to $1,689,731.5. 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 $1,624,289 and $1,545,247.5 between January and February.