Property prices for sale in Gatineau (Quebec)
The prices in real estate in Gatineau, in the Quebec 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 Gatineau has increased strongly during the last 6 months. In October, the average price per sq.feet was $369. In November this price pretty much remained the same at a value of $375 per sq.feet. The price for the following two months in (December, January) had a considerable increment of 142 %. The price per sq.feet has increased 106 % 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 $450.75 to $478 during February, and March.
Based upon to the price in Gatineau (cities), these have remained the same in the last 6 months. The price in October is $457,325, rising in November till $485,743. In the following two months the average price has remained the same with regard to the previous two months from $471,534 to $459,042. During the last two months, the average price has pretty much remained the same with regard to the previous average values going from an average value of $465,288 and $456,386 between February and March.
The graph displaying the average price for bedrooms illustrates that those properties with 1 bedroom are the cheapest ones. At a price of $457,768 they are 49 % more affordable than the average price for Gatineau. The properties with the highest average price have 4 bedrooms, Their price is 26 % more costly than the average. After that we have properties with 3 bedrooms priced at $445,494.
With regard to the average price per sq.feet , those properties with 3 bedrooms are the cheapest ones at a cost of $364 / sq.feet, with an average $369 / sq.feet price in Gatineau. The properties with the highest average prices have 1 bedroom. They are 162 % more expensive than the average followed by properties with 2 bedrooms with a price at $842 / sq.feet.
The graph displaying the average prices displays the property type "Land" as the most affordable one. At an cost of $457,768 it is 75 % cheaper than the average price in Gatineau. "Condo" is seen as the second most affordable property type. The dearest property type is "Bungalow" followed by "House". At a price of $484,928 it is 13 % more expensive than the average price.
According to the average cost per sq.feet, the cheapest property type is "Condo" at an average cost of $307 / sq.feet followed by "Bungalow" priced at $440 / sq.feet. "Land" is the most costly type of property with a $72,284 / sq.feet cost followed by "Duplex" with an average price of $3,494 / sq.feet.
