The prices in real estate in Shediac, in the New Brunswick 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 Shediac has had a strong decrease during the last 6 months. In October, the average price per sq.feet was $20,259. In the following month the price per sq.feet increased considerably to $25,223. 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 2 % 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 $17,749 to $339.5 during February, and March.
Based upon to the price in Shediac (cities), this has gone up considerably in the last 6 months. The average price for October is $320,120. During November the price had a considerable reduction till $225,175. During the following two months (December, January) the average price had a considerable increase of 116 % 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 188 % 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 $564,025 they are 49 % more affordable than the average price for Shediac. The properties with the highest average price have 1 bedroom, Their price is 188 % more costly than the average. After that we have properties with 4 bedrooms priced at $817,555.
With regard to the average price per sq.feet , those properties with 2 bedrooms are the cheapest ones at a cost of $308 / sq.feet, with an average $326 / sq.feet price in Shediac. The properties with the highest average prices have 1 bedroom. They are 542 % more expensive than the average followed by properties with 4 bedrooms with a price at $422 / sq.feet.
With regard to the average price based upon the property in Shediac we can see that the cheapest property type is "House" at a price of $233,619, they are 59 % more affordable than the average price of (!PRECIO2!). "House" has the lowest price. This price is 59 % more affordable than the average price aforementioned.
According to the average area cost by sq.feet the cheapest property type is "House with an average price of $66 / sq.feet. "House" with an average cost of $66 / sq.feet has the lowest price and would be directed at less affluent cities.