The prices in real estate in Alliance, in the Ohio region have had a strong rise in the last couple of months. The real estate prices for second hand homes have gone through a strong increase in this city.
The price per sq.feet in Alliance has increased strongly during the last 6 months. In November, the average price per sq.feet was $106. In the following month the price per sq.feet increased to $114. In the following two months the price per sq.feet has increased 111 %, going from $110 to $122.5 per sq.feet. The price per sq.feet has increased 110 % 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 $116.25 to $127.5 during March, and April.
Based upon to the price in Alliance (cities), this has gone up in the last 6 months. The price in November is $157,704, rising in December till $166,768. During the following two months (January, February) the price has had an average incrementation from $162,236 to $181,052.5. Based on an analysis of the first four prices and the last two months the average price has gone up 106 % during the last two months.
The graph displaying the average price for bedrooms illustrates that those properties with 3 bedrooms are the cheapest ones. At a price of $191,671 they are 44 % more affordable than the average price for Alliance. The properties with the highest average price have 4 bedrooms, Their price is 13 % more costly than the average. After that we have properties with 1 bedroom priced at $108,873.
With regard to the average price per sq.feet , those properties with 3 bedrooms are the cheapest ones at a cost of $57 / sq.feet, with an average $125 / sq.feet price in Alliance. The properties with the lowest average prices have 4 bedrooms. They are 14 % cheaper than the average followed by properties with 1 bedroom with a price at $72 / sq.feet.
The graph displaying the average prices displays the property type "Farm" as the most affordable one. At an cost of $191,671 it is 46 % cheaper than the average price in Alliance. "Apartment" is seen as the second most affordable property type. The cheapest type property is "House" followed by "Commercial". At a price of $116,081 it is 3 % more affordable than the average price.
According to the average cost per sq.feet, the cheapest property type is "Commercial" at an average cost of $15 / sq.feet followed by "Farm" priced at $19 / sq.feet. "House" is the cheapest type of property with a $118 / sq.feet value followed by "Apartment" with an average price of $47 / sq.feet.