The prices in real estate in Westlock, in the Alberta 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 Westlock has remained the same in the last 6 months. In October, the average price per sq.feet was $225. In November this price pretty much remained the same at a value of $224 per sq.feet. In the following two months the price per sq.feet has increased 110 %, going from $224.5 to $246.5 per sq.feet. The price per sq.feet has had a considerable deflation of 81 % 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 $235.5 to $190 during February, and March.
Based upon to the price in Westlock (cities), this has gone up in the last 6 months. In our first sample month during October, the average price is $302,553. In November This price remains at $305,713. During the following two months (December, January) the average price had a considerable increase of 136 % with regard to the previous two months. During the last two months the average price has had a strong fall compared to the previous four going from $358,660.5 to $279,172, which means a 78 % fall.