The average price in the New Brunswick region has had a slight decrease in recent months. There has been a deflation in the prices in this region.
The price per sq.feet in New Brunswick has risen in the last 6 months. During October, the average price per sq.feet was $1,632. The following month (November) the price had a considerable increase reaching $3,275 per sq.feet. The following two months (December, January) went through a considerable deflation of 64 % in the price per sq.feet with regard to the previous two. In the last two months, the price per sq.feet has had a significant decrease of 14 %. This has been obtained by comparing the price of $2,012.25 for the first four months of the sample with regard to the previous 4 months and the price of $284 per sq.feet for the last two months (February, March).
Based upon to the price in New Brunswick(region), this has increased considerably in the last 6 months. October has an average price of $302,374. During November the price had a slight deflation till $263,679. The price in the following months (December, January) had a strong increment of 224 % going from $283,026.5 to $634,617.5. During the last two months the price has reduced 86 % compared to the previous average values going from $458,822 a $393,093.5 in February and March.
The graph displaying the the average price per number of bedrooms shows that those with 1 bedroom are the cheapest ones. They are 27 % more affordable than the average price in New Brunswick followed by those with 2 with an average price of $306,358. The most costly properties have 4 bedrooms. They are 53 % more expensive than the average followed by those properties with 3 bedrooms priced at $338,414.
Based on the average price per sq.feet those properties with 3 bedrooms are the cheapest ones with a price of $235 / sq.feet being $291 / sq.feet the average value within the New Brunswick region. The properties with the most expensive average price are those with 1 bedroom. These are 28 % more costly than the average followed by those with 4 bedrooms with a price of $292 / sq.feet.
The graph displaying the average price according to the property type shows "Land" as the cheapest one. With an average cost of $360,877 it is 66 % more affordable than the average in New Brunswick. This is followed by "Condo" with a price of $188,167. The dearest property type is "Office" and is 31 % more expensive than the average, followed by "House" with a cost of $370,598.
Based on the average cost per sq.feet the cheapest property type is "Office with a an average cost of $24 / sq.feet, followed by "Townhouse" with a price of $161 / sq.feet. "Land" with an average price of $47,025 / sq.feet is the most costly type of property followed by "House" at a price of $259 / sq.feet.