Property prices for sale in Fairbanks (Alaska)
The prices in real estate in Fairbanks, in the Alaska region have remained the same in the last couple of months. The real estate prices for second hand homes have remained in this city.
The price per sq.feet in Fairbanks has remained the same in the last 6 months. In October, the average price per sq.feet was $775. In the following month the price per sq.feet decreased considerably to $638. The price for the following two months in (December, January) decreased 91 % with regard to the prior two months. The price per sq.feet has had a considerable increase of 146 % 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 $674 to $983.5 during February, and March.
Based upon to the price in Fairbanks (cities), these have remained the same in the last 6 months. The price in October is $143,067, rising in November till $157,482. During the following two months (December, January) the average price had a considerable reduction of 85 % with regard to the previous two months. During the last two months, the average price has pretty much remained the same with regard to the previous average values going from an average value of $138,834 and $141,518.5 between February and March.
The graph displaying the average price for bedrooms illustrates that those properties with 1 bedroom are the cheapest ones. At a price of $155,953 they are 21 % more affordable than the average price for Fairbanks. The properties with the highest average price have 4 bedrooms, Their price is 218 % more costly than the average. After that we have properties with 3 bedrooms priced at $338,549.
With regard to the average price per sq.feet , those properties with 1 bedroom are the cheapest ones at a cost of $173 / sq.feet, with an average $1,223 / sq.feet price in Fairbanks. The properties with the lowest average prices have 4 bedrooms. They are 0 % cheaper than the average followed by properties with 2 bedrooms with a price at $725 / sq.feet.
The graph displaying the average prices displays the property type "Land" as the most affordable one. At an cost of $155,953 it is 67 % cheaper than the average price in Fairbanks. "Commercial" is seen as the second most affordable property type. The dearest property type is "House" followed by "Townhouse". At a price of $235,094 it is 88 % more expensive than the average price.
According to the average cost per sq.feet, the cheapest property type is "Commercial" at an average cost of $88 / sq.feet followed by "Detached House" priced at $93 / sq.feet. "House" is the most costly type of property with a $2,222 / sq.feet cost followed by "Land" with an average price of $216 / sq.feet.
