The prices in real estate in Weyburn, in the Saskatchewan 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 Weyburn has had a strong decrease during the last 6 months. In August, the average price per sq.feet was $1,611. In the following month the price per sq.feet decreased considerably to $1,289. The price for the following two months in (October, November) had a considerable decrease of 82 with regard to the prior two months. The price per sq.feet has increased 107 % 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 $1,317.5 to $1,406 during December, and January.
Based upon to the price in Weyburn (cities), this has gone up in the last 6 months. In our first sample month during August, the average price is $241,622. In September This price remains at $253,548. During the following two months (October, November) the price has had an average incrementation from $247,585 to $265,595. Based on an analysis of the first four prices and the last two months the average price has gone up 110 % 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 $280,305 they are 42 % more affordable than the average price for Weyburn. The properties with the highest average price have 4 bedrooms, Their price is 6 % more costly than the average. After that we have properties with 3 bedrooms priced at $202,234.
With regard to the average price per sq.feet , those properties with 1 bedroom are the cheapest ones at a cost of $145 / sq.feet, with an average $1,417 / sq.feet price in Weyburn. The properties with the lowest average prices have 4 bedrooms. They are 10 % cheaper than the average followed by properties with 3 bedrooms with a price at $768 / sq.feet.
The graph displaying the average prices displays the property type "Land" as the most affordable one. At an cost of $280,305 it is 62 % cheaper than the average price in Weyburn. "Apartment" is seen as the second most affordable property type. The dearest property type is "House" followed by "Apartment". At a price of $160,080 it is 15 % 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 $6 / sq.feet followed by "Apartment" priced at $174 / sq.feet. "House" is the cheapest type of property with a $233 / sq.feet value followed by "Apartment" with an average price of $174 / sq.feet.