The prices in real estate in Yorkton, 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 Yorkton has had a strong decrease during the last 6 months. In February, the average price per sq.feet was $2,775. In the following month the price per sq.feet decreased considerably to $2,093. The price for the following two months in (April, May) had a considerable decrease of 58 with regard to the prior two months. The price per sq.feet has had a considerable deflation of 27 % 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 $1,917.75 to $510 during June, and July.
Based upon to the price in Yorkton (cities), these have remained the same in the last 6 months. The average price for February is $251,454. During March the price had a slight fall till $235,571. In the following two months the average price has remained the same with regard to the previous two months from $243,512.5 to $249,754.5. Based on an analysis of the first four prices and the last two months the average price has risen strongly 115 % during the last two months.
The graph displaying the average price for bedrooms illustrates that those properties with 1 bedroom are the cheapest ones. At a price of $249,485 they are 0 % more affordable than the average price for Yorkton. The properties with the highest average price have 4 bedrooms, Their price is 21 % more costly than the average. After that we have properties with 1 bedroom priced at $248,325.
With regard to the average price per sq.feet , those properties with 4 bedrooms are the most costly ones at a cost of $900 / sq.feet, with an average $570 / sq.feet price in Yorkton. The properties with the highest average prices have 1 bedroom. They are 65 % more expensive than the average followed by properties with 4 bedrooms with a price at $900 / sq.feet.
The graph displaying the average prices displays the property type "Land" as the most affordable one. At an cost of $249,485 it is 2 % cheaper than the average price in Yorkton. "House" is seen as the second most affordable property type. The dearest property type is "House" followed by "Land". At a price of $244,863 it is 14 % 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 $204 / sq.feet followed by "Land" priced at $924 / sq.feet. "Land" is the most costly type of property with a $924 / sq.feet cost followed by "House" with an average price of $204 / sq.feet.