The prices in real estate in Wabamun, 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 Wabamun has had a strong decrease during the last 6 months. In November, the average price per sq.feet was $210. In the following month the price per sq.feet decreased considerably to . In the following two months the price per sq.feet has increased 111 %, going from $105 to $116.5 per sq.feet. The price per sq.feet has increased 113 % 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 $110.75 to $125.5 during March, and April.
Based upon to the price in Wabamun (cities), this has fallen considerably in the last 6 months. The average price for November is $338,546. During December the price had a considerable reduction till . In the following two months the average price has remained the same with regard to the previous two months from $169,273 to $169,800. 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 $169,536.5 and $170,475 between March and April.