The prices in real estate in West Kelowna, in the British Columbia region have remained the same in the last couple of months. The real estate prices for second hand homes have remained in this city.
The price per sq.feet in West Kelowna has remained the same in the last 6 months. In December, the average price per sq.feet was $473. In the following month the price per sq.feet decreased to $422. In the following two months the price per sq.feet has increased 109 %, going from $447.5 to $489.5 per sq.feet. The price per sq.feet has increased 110 % 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 $468.5 to $515.5 during April, and May.
Based upon to the price in West Kelowna (cities), these have remained the same in the last 6 months. The average price for December is $1,301,306. During January the price had a considerable reduction till $982,205. During the following two months (February, March) the average price had a considerable increase of 115 % 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 119 % during the last two months.
The graph displaying the average price for bedrooms illustrates that those properties with 1 bedroom are the cheapest ones. At a price of $1,424,893 they are 71 % more affordable than the average price for West Kelowna. The properties with the highest average price have 4 bedrooms, Their price is 23 % more costly than the average. After that we have properties with 3 bedrooms priced at $1,535,718.
With regard to the average price per sq.feet , those properties with 2 bedrooms are the cheapest ones at a cost of $466 / sq.feet, with an average $510 / sq.feet price in West Kelowna. The properties with the highest average prices have 1 bedroom. They are 18 % more expensive than the average followed by properties with 3 bedrooms with a price at $570 / sq.feet.
The graph displaying the average prices displays the property type "Condo" as the most affordable one. At an cost of $1,424,893 it is 58 % cheaper than the average price in West Kelowna. "House" is seen as the second most affordable property type. The dearest property type is "House" followed by "Condo". At a price of $599,300 it is 19 % more expensive than the average price.
According to the average cost per sq.feet, the most expensive property type would be "House" at an average cost of $514 / sq.feet followed by "Condo" priced at $517 / sq.feet. "Condo" is the most costly type of property with a $517 / sq.feet cost followed by "House" with an average price of $514 / sq.feet.