The prices in real estate in Ames, in the Iowa region have had a minor rise in the last couple of months. The real estate prices for second hand homes have risen in this city.
The price per sq.feet in Ames has increased during the last 6 months. In January, the average price per sq.feet was $192. In the following month the price per sq.feet decreased to $182. In the following two months the price per sq.feet has barely changed, going from $187 to $178.5 per sq.feet. The price per sq.feet has had a considerable increase of 138 % 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 $182.75 to $251.5 during May, and June.
Based upon to the price in Ames (cities), this has gone up considerably in the last 6 months. The average price for January is $305,349. During February the price had a slight fall till $286,512. In the following two months the average price has remained the same with regard to the previous two months from $295,930.5 to $281,645. Based on an analysis of the first four prices and the last two months the average price has risen strongly 181 % during the last two months.
The graph displaying the average price for bedrooms illustrates that those properties with 1 bedroom are the cheapest ones. At a price of $478,344 they are 73 % more affordable than the average price for Ames. The properties with the lowest average price have 4 bedrooms, Their price is 42 % cheaper than the average. After that we have properties with 3 bedrooms priced at $254,185.
With regard to the average price per sq.feet , those properties with 2 bedrooms are the cheapest ones at a cost of $141 / sq.feet, with an average $227 / sq.feet price in Ames. The properties with the lowest average prices have 4 bedrooms. They are 27 % cheaper than the average followed by properties with 1 bedroom with a price at $165 / sq.feet.
The graph displaying the average prices displays the property type "House" as the most affordable one. At an cost of $478,344 it is 60 % cheaper than the average price in Ames. "Condo" is seen as the second most affordable property type. The cheapest type property is "Apartment" followed by "Condo". At a price of $225,845 it is 42 % more affordable than the average price.
According to the average cost per sq.feet, the cheapest property type is "Apartment" at an average cost of $134 / sq.feet followed by "House" priced at $158 / sq.feet. "Condo" is the most costly type of property with a $1,579 / sq.feet cost followed by "House" with an average price of $158 / sq.feet.