Property prices for sale in Wetaskiwin (Alberta)
The prices in real estate in Wetaskiwin, 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 Wetaskiwin has had a strong decrease during the last 6 months. In October, the average price per sq.feet was $219. In November this price pretty much remained the same at a value of $212 per sq.feet. The price for the following two months in (December, January) had a considerable decrease of 77 with regard to the prior two months. The price per sq.feet has decreased 85 % 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 $191.25 to $163.5 during February, and March.
Based upon to the price in Wetaskiwin (cities), these have remained the same in the last 6 months. In our first sample month during October, the average price is $228,208. In November This price remains at $223,376. In the following two months the average price has remained the same with regard to the previous two months from $225,792 to $225,686.5. 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 $225,739.25 and $236,700 between February and March.
The graph displaying the average price for bedrooms illustrates that those properties with 1 bedroom are the cheapest ones. At a price of $251,100 they are 47 % more affordable than the average price for Wetaskiwin. The properties with the lowest average price have 4 bedrooms, Their price is 1 % cheaper than the average. After that we have properties with 3 bedrooms priced at $236,563.
With regard to the average price per sq.feet , those properties with 1 bedroom are the cheapest ones at a cost of $162 / sq.feet, with an average $166 / sq.feet price in Wetaskiwin. The properties with the highest average prices have 4 bedrooms. They are 43 % more expensive than the average followed by properties with 3 bedrooms with a price at $237 / sq.feet.
The graph displaying the average prices displays the property type "Condo" as the most affordable one. At an cost of $251,100 it is 27 % cheaper than the average price in Wetaskiwin. "House" is seen as the second most affordable property type. The dearest property type is "Land" followed by "House". At a price of $224,097 it is 13 % more expensive than the average price.
According to the average cost per sq.feet, the cheapest property type is "Land" at an average cost of $24 / sq.feet followed by "Condo" priced at $198 / sq.feet. "House" is the most costly type of property with a $203 / sq.feet cost followed by "Condo" with an average price of $198 / sq.feet.
