Property prices for sale in Dartmouth (Nova Scotia)
The prices in real estate in Dartmouth, in the Nova Scotia 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 Dartmouth has had a strong decrease during the last 6 months. In October, the average price per sq.feet was $2,499. In November this price pretty much remained the same at a value of $2,499 per sq.feet. The price for the following two months in (December, January) had a considerable decrease of 56 with regard to the prior two months. The price per sq.feet has had a considerable deflation of 20 % 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 $1,948.25 to $387 during February, and March.
Based upon to the price in Dartmouth (cities), these have remained the same in the last 6 months. In our first sample month during October, the average price is $488,062. In November This price remains at $488,062. In the following two months the average price has remained the same with regard to the previous two months from $488,062 to $484,536. Based on an analysis of the first four prices and the last two months the average price has gone up 112 % during the last two months.
The graph displaying the average price for bedrooms illustrates that those properties with 2 bedrooms are the cheapest ones. At a price of $566,668 they are 31 % more affordable than the average price for Dartmouth. The properties with the highest average price have 4 bedrooms, Their price is 2 % more costly than the average. After that we have properties with 1 bedroom priced at $451,357.
With regard to the average price per sq.feet , those properties with 3 bedrooms are the cheapest ones at a cost of $238 / sq.feet, with an average $388 / sq.feet price in Dartmouth. The properties with the highest average prices have 1 bedroom. They are 4 % more expensive than the average followed by properties with 2 bedrooms with a price at $332 / sq.feet.
The graph displaying the average prices displays the property type "Land" as the most affordable one. At an cost of $566,668 it is 69 % cheaper than the average price in Dartmouth. "Apartment" is seen as the second most affordable property type. The dearest property type is "Condo" followed by "House". At a price of $471,482 it is 1 % more expensive than the average price.
According to the average cost per sq.feet, the most expensive property type would be "Land" at an average cost of $446 / sq.feet followed by "Condo" priced at $590 / sq.feet. "Apartment" is the most costly type of property with a $87,507 / sq.feet cost followed by "House" with an average price of $2,791 / sq.feet.
