In 2014, home
prices per square foot only increased by 1.7 percent.
Not exact matches
The Downtown market was the
only one to see a decline in asking rents, with average
prices falling by $ 0.11
per foot to $ 44.85
per square foot.
Of the four cities we looked at, Toronto is the
only one where homes 20 minutes from the city core are smaller — by an average of 12 % — than homes right downtown; Calgarians end up paying roughly the same
price -
per -
square -
foot for their living space whether they buy 30 or 60 minutes from the city centre; and in Vancouver, it can be more costly to live 50 minutes out than it is to live closer to downtown.
As distressed sales in Wailea Beach Villas have been an anomaly (that was the
only REO ever listed and 1 short sale was listed for 10 days prior to being cancelled), by examining the data excluding that REO, the sales
price in 2011 was $ 1,766
per square foot.
The median list
price per square foot is
only $ 102, which is substantially lower than average homes for sale in the surrounding area.
The
only drawback we see to CMAs is too strong of a reliance on a neighborhood's «
price per square foot» analysis b / c that statistic can be significantly skewed by lot size or property size.
The
price per square foot numbers were even more stark: Urban areas clocked in at $ 198, while rural areas logged
only $ 108 — nearly chopped in half.
In fact, national REO -
only gains of 8.1 % over the last year on a median
price -
per -
square -
foot basis have outpaced non-REO
price declines of -0.7 % by 8.8 percentage points.
As you'll see from the graph below, the north side «
price per square foot» for single family homes was
only $ 93 in 2012.
Everyone likes the
price point: starting at
only a few dollars
per square foot, linoleum is relatively affordable.
When I checked the HD website I could
only really find a
price for a sample, not
per -
square foot.