Property prices for sale in Milton (Ontario)
The prices in real estate in Milton, in the Ontario 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 Milton has increased strongly during the last 6 months. In October, the average price per sq.feet was $658. In November this price pretty much remained the same at a value of $684 per sq.feet. In the following two months the price per sq.feet has increased 107 %, going from $671 to $715 per sq.feet. The price per sq.feet has had a considerable increase of 130 % 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 $693 to $900.5 during February, and March.
Based upon to the price in Milton (cities), this has gone up considerably in the last 6 months. In our first sample month during October, the average price is $1,077,577. In November This price remains at $1,072,622. During the following two months (December, January) the average price had a considerable increase of 117 % 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 135 % 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 $1,716,107 they are 65 % more affordable than the average price for Milton. The properties with the highest average price have 4 bedrooms, Their price is 33 % more costly than the average. After that we have properties with 3 bedrooms priced at $1,448,250.
With regard to the average price per sq.feet , those properties with 4 bedrooms are the cheapest ones at a cost of $983 / sq.feet, with an average $997 / sq.feet price in Milton. The properties with the highest average prices have 3 bedrooms. They are 47 % more expensive than the average followed by properties with 1 bedroom with a price at $1,402 / sq.feet.
The graph displaying the average prices displays the property type "Condo" as the most affordable one. At an cost of $1,716,107 it is 59 % cheaper than the average price in Milton. "Office" is seen as the second most affordable property type. The dearest property type is "House" followed by "Office". At a price of $777,387 it is 39 % more expensive than the average price.
According to the average cost per sq.feet, the cheapest property type is "Office" at an average cost of $404 / sq.feet followed by "House" priced at $958 / sq.feet. "Condo" is the most costly type of property with a $1,110 / sq.feet cost followed by "House" with an average price of $958 / sq.feet.
