The prices in real estate in Wainwright, in the Alberta region have had a strong rise in the last couple of months. The real estate prices for second hand homes have gone through a strong increase in this city.
The price per sq.feet in Wainwright has increased strongly during the last 6 months. In October, the average price per sq.feet was $186. In November this price pretty much remained the same at a value of $185 per sq.feet. The price for the following two months in (December, January) had a considerable increment of 121 %. The price per sq.feet has increased 115 % 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 $204.75 to $234.5 during February, and March.
Based upon to the price in Wainwright (cities), this has gone up considerably in the last 6 months. In our first sample month during October, the average price is $215,327. In November This price remains at $216,372. 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 141 % during the last two months.
The graph displaying the average price for bedrooms illustrates that those properties with 2 bedrooms are the cheapest ones. At a price of $360,850 they are 56 % more affordable than the average price for Wainwright. Based on the bedrooms values, properties with the highest prices are those with 1 bedroom. They are 2 % more expensive than the average aforementioned.
With regard to the average price per sq.feet , those properties with 2 bedrooms are the cheapest ones at a cost of $136 / sq.feet, with an average $236 / sq.feet price in Wainwright. Properties with the most expensive price based upon to the number of bedrooms / sq.feet are those with 1 bedroom. They are 16 % more costly than the average value aforementioned.