Property prices for sale in Fort Erie (Ontario)
The prices in real estate in Fort Erie, in the Ontario region have had a minor fall in the last couple of months. The real estate prices for second hand homes have fallen in this city
The price per sq.feet in Fort Erie has fallen in the last 6 months. In October, the average price per sq.feet was $565. In November this price pretty much remained the same at a value of $554 per sq.feet. The price for the following two months in (December, January) decreased 89 % with regard to the prior two months. The price per sq.feet has decreased 86 % 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 $529.5 to $453 during February, and March.
Based upon to the price in Fort Erie (cities), this has gone downing the last 6 months. In our first sample month during October, the average price is $753,739. In November This price remains at $739,449. During the following two months (December, January) the average price fell 89 % with regard to the previous two months. During the last two months, the average price has reduced with regard to the previous ones. To be precise it has gone down 93 %, going from $704,537.75 to $654,903.5 in February and March.
The graph displaying the average price for bedrooms illustrates that those properties with 2 bedrooms are the cheapest ones. At a price of $657,669 they are 13 % more affordable than the average price for Fort Erie. The properties with the highest average price have 4 bedrooms, Their price is 70 % more costly than the average. After that we have properties with 1 bedroom priced at $957,900.
With regard to the average price per sq.feet , those properties with 2 bedrooms are the most costly ones at a cost of $510 / sq.feet, with an average $439 / sq.feet price in Fort Erie. The properties with the highest average prices have 1 bedroom. They are 79 % more expensive than the average followed by properties with 3 bedrooms with a price at $513 / sq.feet.
The graph displaying the average prices displays the property type "Office" as the most affordable one. At an cost of $657,669 it is 35 % cheaper than the average price in Fort Erie. "House" is seen as the second most affordable property type. The cheapest type property is "Land" followed by "House". At a price of $566,441 it is 10 % more affordable than the average price.
According to the average cost per sq.feet, the cheapest property type is "Office" at an average cost of $241 / sq.feet followed by "House" priced at $319 / sq.feet. "Land" is the most costly type of property with a $20,782 / sq.feet cost followed by "House" with an average price of $319 / sq.feet.
