The prices in real estate in Aurora, in the Missouri region have had a strong fall in the last couple of months. The real estate prices for second hand homes have gone through a strong fall in this city.
The price per sq.feet in Aurora has had a strong decrease during the last 6 months. In April, the average price per sq.feet was $286. In the following month the price per sq.feet decreased considerably to $175. The price for the following two months in (June, July) had a considerable decrease of 67 with regard to the prior two months. The price per sq.feet has had a considerable deflation of 39 % 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 $193 to $76 during August, and September.
Based upon to the price in Aurora (cities), this has fallen considerably in the last 6 months. The average price for April is $554,500. During May the price had a considerable reduction till $367,616. During the following two months (June, July) the price has had an average incrementation from $461,058 to $526,710.5. During the last two months the average price has had a strong fall compared to the previous four going from $493,884.25 to $222,952.5, which means a 45 % fall.
The graph showing the average price for bedrooms displays the property with the most expensive price has 1 bedroom. It is 166 % more costly than the average price of $429,483 in Aurora. Based on the bedrooms values, properties with the highest prices are those with 1 bedroom. They are 166 % more expensive than the average aforementioned.
With regard to the average prices per sq.feet those properties with 1 bedroom are 206 % more costly than the average price of ($217 / sq.feet) in Aurora. Properties with the most expensive price based upon to the number of bedrooms / sq.feet are those with 1 bedroom. They are 206 % more costly than the average value aforementioned.
The graph displaying the average prices displays the property type "Townhouse" as the most affordable one. At an cost of $161,616 it is 15 % cheaper than the average price in Aurora. "Commercial" is seen as the second most affordable property type. The dearest property type is "Apartment" followed by "Commercial". At a price of $378,809 it is 166 % more expensive than the average price.
According to the average cost per sq.feet, the cheapest property type is "Townhouse" at an average cost of $66 / sq.feet followed by "Apartment" priced at $217 / sq.feet. "Commercial" is the most costly type of property with a $226 / sq.feet cost followed by "Apartment" with an average price of $217 / sq.feet.