Property prices for sale in Calgary (Alberta)
The prices in real estate in Calgary, in the Alberta 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 Calgary has increased strongly during the last 6 months. In October, the average price per sq.feet was $392. In November this price pretty much remained the same at a value of $383 per sq.feet. The price for the following two months in (December, January) had a considerable increment of 119 %. The price per sq.feet has had a considerable increase of 132 % 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 $423.75 to $560.5 during February, and March.
Based upon to the price in Calgary (cities), this has gone up considerably in the last 6 months. The average price for October is $463,181. During November the price had a slight fall till $404,035. During the following two months (December, January) the average price had a considerable increase of 193 % with regard to the previous two months. Based on an analysis of the first four prices and the last two months the average price has risen strongly 222 % 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 $1,481,979 they are 70 % more affordable than the average price for Calgary. The properties with the lowest average price have 4 bedrooms, Their price is 18 % cheaper than the average. After that we have properties with 3 bedrooms priced at $864,176.
With regard to the average price per sq.feet , those properties with 3 bedrooms are the cheapest ones at a cost of $450 / sq.feet, with an average $552 / sq.feet price in Calgary. The properties with the lowest average prices have 4 bedrooms. They are 1 % cheaper than the average followed by properties with 1 bedroom with a price at $536 / sq.feet.
The graph displaying the average prices displays the property type "Condo" as the most affordable one. At an cost of $1,481,979 it is 70 % cheaper than the average price in Calgary. "Townhouse" is seen as the second most affordable property type. The dearest property type is "Land" followed by "Commercial". At a price of $1,646,311 it is 88 % more expensive than the average price.
According to the average cost per sq.feet, the cheapest property type is "Loft" at an average cost of $110 / sq.feet followed by "Townhouse" priced at $318 / sq.feet. "Commercial" is the most costly type of property with a $231,534 / sq.feet cost followed by "Land" with an average price of $17,746 / sq.feet.
