The average price in the New Brunswick region has had an strong increase in recent months. There has been a strong inflation in the prices in this region.
The price per sq.feet in New Brunswick has increased strongly in the last 6 months. During April, the average price per sq.feet was $146. In May the price pretty much stayed the same at $148 per sq.feet. In the following two months (June, July) the price per sq.feet has risen strongly to a 248 %. In the last two months, the price per sq.feet has had a significant increase of 286 %. This has been obtained by comparing the price of $256 for the first four months of the sample with regard to the previous 4 months and the price of $731.5 per sq.feet for the last two months (August, September).
Based upon to the price in New Brunswick(region), these have remained the same in the last 6 months. April has an average price of $205,590. During May the price had a slight deflation till $189,372. The price in the following months (June, July) had a strong increment of 120 % going from $197,481 to $236,542.5. During the last two months the price has reduced 90 % compared to the previous average values going from $217,011.75 a $194,469.5 in August and September.
The graph displaying the the average price per number of bedrooms shows that those with 1 bedroom are the cheapest ones. They are 34 % more affordable than the average price in New Brunswick followed by those with 2 with an average price of $168,326. The most costly properties have 4 bedrooms. They are 33 % more expensive than the average followed by those properties with 3 bedrooms priced at $204,188.
Based on the average price per sq.feet those properties with 3 bedrooms are the cheapest ones with a price of $143 / sq.feet being $479 / sq.feet the average value within the New Brunswick region. The properties with the cheapest average price are those with 1 bedroom. These are 65 % lower than the average followed by those with 2 bedrooms with a price of $159 / sq.feet.
The graph displaying the average price according to the property type shows "Land" as the cheapest one. With an average cost of $193,245 it is 74 % more affordable than the average in New Brunswick. This is followed by "Apartment" with a price of $201,536. The dearest property type is "Office" and is 131 % more expensive than the average, followed by "Condo" with a cost of $351,533.
Based on the average cost per sq.feet the cheapest property type is "Apartment with a an average cost of $114 / sq.feet, followed by "Office" with a price of $116 / sq.feet. "Land" with an average price of $20,572 / sq.feet is the most costly type of property followed by "Condo" at a price of $302 / sq.feet.