The prices in real estate in Wiarton, in the Ontario 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 Wiarton has had a strong decrease during the last 6 months. In October, the average price per sq.feet was $11,014. In November this price pretty much remained the same at a value of $11,007 per sq.feet. The price for the following two months in (December, January) had a considerable decrease of 7 with regard to the prior two months. The price per sq.feet has had a considerable deflation of 8 % 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 $5,863.75 to $441 during February, and March.
Based upon to the price in Wiarton (cities), these have remained the same in the last 6 months. The price in October is $829,450, rising in November till $940,725. During the following two months (December, January) the average price fell 90 % with regard to the previous two months. During the last two months the average price has had a strong fall compared to the previous four going from $842,539.5 to $710,430, which means a 84 % fall.
The graph showing the average price for bedrooms displays the property with the lowest price has 1 bedroom. It is 40 % cheaper than the average price of $395,162 in Wiarton. Based on the bedrooms values, properties with the lowest prices are those with 1 bedroom. They are 40 % more affordable than the average aforementioned.
With regard to the average prices per sq.feet those properties with 1 bedroom are 63 % cheaper than the average price of ($151 / sq.feet) in Wiarton. Properties with the most affordable price based upon to the number of bedrooms / sq.feet are those with 1 bedroom. They are 63 % cheaper than the average value aforementioned.
With regard to the average price based upon the property in Wiarton we can see that the cheapest property type is "House" at a price of $395,162, they are 40 % more affordable than the average price of (!PRECIO2!). "House" has the lowest price. This price is 40 % 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 $151 / sq.feet. "House" with an average cost of $151 / sq.feet has the lowest price and would be directed at less affluent cities.