The prices in real estate in Batavia, 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 Batavia has increased strongly during the last 6 months. In October, the average price per sq.feet was $570. In the following month the price per sq.feet increased considerably to $963. The price for the following two months in (December, January) had a considerable increment of 120 %. The price per sq.feet has had a considerable increase of 360 % 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 $844.25 to $3,041 during February, and March.
Based upon to the price in Batavia (cities), these have remained the same in the last 6 months. In our first sample month during October, the average price is $337,535. In November This price remains at $346,877. In the following two months the average price has remained the same with regard to the previous two months from $342,206 to $334,058.5. 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 $338,132.25 and $348,649.5 between February and March.
The graph displaying the average price for bedrooms illustrates that those properties with 2 bedrooms are the cheapest ones. At a price of $346,433 they are 59 % more affordable than the average price for Batavia. The properties with the lowest average price have 4 bedrooms, Their price is 23 % cheaper than the average. After that we have properties with 1 bedroom priced at $256,272.
With regard to the average price per sq.feet , those properties with 4 bedrooms are the cheapest ones at a cost of $63 / sq.feet, with an average $3,317 / sq.feet price in Batavia. The properties with the lowest average prices have 1 bedroom. They are 97 % cheaper than the average followed by properties with 3 bedrooms with a price at $91 / sq.feet.
The graph displaying the average prices displays the property type "Commercial Property" as the most affordable one. At an cost of $346,433 it is 34 % cheaper than the average price in Batavia. "Condo" is seen as the second most affordable property type. The cheapest type property is "Apartment" followed by "House". At a price of $241,827 it is 26 % more affordable than the average price.
According to the average cost per sq.feet, the cheapest property type is "Commercial Property" at an average cost of $34 / sq.feet followed by "Condo" priced at $52 / sq.feet. "Apartment" is the cheapest type of property with a $75 / sq.feet value followed by "House" with an average price of $64 / sq.feet.