The prices in real estate in Weyburn, in the Saskatchewan 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 Weyburn has increased strongly during the last 6 months. In September, the average price per sq.feet was $221. In the following month the price per sq.feet increased considerably to $5,563. The price for the following two months in (November, December) had a considerable decrease of 7 with regard to the prior two months. The price per sq.feet has had a considerable deflation of 13 % 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 $1,544 to $197.5 during January, and February.
Based upon to the price in Weyburn (cities), this has gone downing the last 6 months. In our first sample month during September, the average price is $275,369. In October This price remains at $265,213. During the following two months (November, December) the average price fell 87 % with regard to the previous two months. During the last two months, the average price has reduced with regard to the previous ones. To be precise it has gone down 90 %, going from $252,179.75 to $228,032 in January and February.
The graph displaying the average price for bedrooms illustrates that those properties with 2 bedrooms are the cheapest ones. At a price of $243,521 they are 50 % more affordable than the average price for Weyburn. The properties with the highest average price have 4 bedrooms, Their price is 34 % more costly than the average. After that we have properties with 3 bedrooms priced at $202,500.
With regard to the average price per sq.feet , those properties with 2 bedrooms are the cheapest ones at a cost of $123 / sq.feet, with an average $205 / sq.feet price in Weyburn. The properties with the highest average prices have 4 bedrooms. They are 25 % more expensive than the average followed by properties with 1 bedroom with a price at $182 / sq.feet.
The graph displaying the average prices displays the property type "Apartment" as the most affordable one. At an cost of $243,521 it is 30 % cheaper than the average price in Weyburn. "House" is seen as the second most affordable property type. The dearest property type is "Land" followed by "House". At a price of $197,590 it is 1015 % more expensive than the average price.
According to the average cost per sq.feet, the cheapest property type is "House" at an average cost of $138 / sq.feet followed by "Apartment" priced at $139 / sq.feet. "Land" is the most costly type of property with a $217,893 / sq.feet cost followed by "Apartment" with an average price of $139 / sq.feet.