The prices in real estate in Woodbridge, in the Ontario 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 Woodbridge has increased strongly during the last 6 months. In January, the average price per sq.feet was $647. In the following month the price per sq.feet increased considerably to $135,510. The price for the following two months in (March, April) had a considerable increment of 266 %. The price per sq.feet has increased 114 % 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 $124,491.25 to $141,348 during May, and June.
Based upon to the price in Woodbridge (cities), this has fallen considerably in the last 6 months. The average price for January is $2,373,124. During February the price had a considerable reduction till $1,472,950. During the following two months (March, April) the average price had a considerable reduction of 69 % with regard to the previous two months. 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 $1,624,308.5 and $1,635,633.5 between May and June.
The graph showing the average price for bedrooms displays the property with the lowest price has 1 bedroom. It is 45 % cheaper than the average price of $746,754 in Woodbridge. Based on the bedrooms values, properties with the lowest prices are those with 1 bedroom. They are 45 % more affordable than the average aforementioned.
With regard to the average prices per sq.feet those properties with 1 bedroom are 194 % more costly than the average price of ($255,632 / sq.feet) in Woodbridge. Properties with the most expensive price based upon to the number of bedrooms / sq.feet are those with 1 bedroom. They are 194 % more costly than the average value aforementioned.
The graph displaying the average prices displays the property type "Apartment" as the most affordable one. At an cost of $1,348,667 it is 45 % cheaper than the average price in Woodbridge. "Condo" is seen as the second most affordable property type. The cheapest type property is "Condo" followed by "Apartment". At a price of $746,754 it is 35 % more affordable than the average price.
According to the average cost per sq.feet, the most expensive property type would be "Condo" at an average cost of $198,228 / sq.feet followed by "Apartment" priced at $255,632 / sq.feet. "Apartment" is the most costly type of property with a $255,632 / sq.feet cost followed by "Condo" with an average price of $198,228 / sq.feet.