The prices in real estate in Vermilion, in the Alberta region have had a minor rise in the last couple of months. The real estate prices for second hand homes have risen in this city.
The price per sq.feet in Vermilion has increased during the last 6 months. In October, the average price per sq.feet was $187. In November this price pretty much remained the same at a value of $186 per sq.feet. In the following two months the price per sq.feet has increased 113 %, going from $186.5 to $210.5 per sq.feet. The price per sq.feet has barely changed in the last two months compared to the average price of the previous four months going from an average price of $198.5 to $201.5 during February y March
Based upon to the price in Vermilion (cities), this has gone up considerably in the last 6 months. In our first sample month during October, the average price is $240,861. In November This price remains at $233,219. During the following two months (December, January) the average price had a considerable increase of 125 % with regard to the previous two months. Based on an analysis of the first four prices and the last two months the average price has risen strongly 130 % during the last two months.