The prices in real estate in Bay Village, in the Ohio region have had a minor fall in the last couple of months. The real estate prices for second hand homes have fallen in this city
The price per sq.feet in Bay Village has fallen in the last 6 months. In September, the average price per sq.feet was $217. In the following month the price per sq.feet decreased to $195. In the following two months the price per sq.feet has barely changed, going from $206 to $197.5 per sq.feet. The price per sq.feet has barely changed in the last two months compared to the average price of the previous four months going from an average price of $201.75 to $193 during January y February
Based upon to the price in Bay Village (cities), these have remained the same in the last 6 months. The average price for September is $484,652. During October the price had a slight fall till $449,463. In the following two months the average price has remained the same with regard to the previous two months from $467,057.5 to $465,963.5. 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 1 bedroom are the cheapest ones. At a price of $484,317 they are 61 % more affordable than the average price for Bay Village. The properties with the lowest average price have 4 bedrooms, Their price is 17 % cheaper than the average. After that we have properties with 3 bedrooms priced at $387,625.
With regard to the average price per sq.feet , those properties with 2 bedrooms are the cheapest ones at a cost of $94 / sq.feet, with an average $188 / sq.feet price in Bay Village. The properties with the lowest average prices have 1 bedroom. They are 26 % cheaper than the average followed by properties with 3 bedrooms with a price at $122 / sq.feet.
The graph displaying the average prices displays the property type "Commercial" as the most affordable one. At an cost of $484,317 it is 33 % cheaper than the average price in Bay Village. "House" is seen as the second most affordable property type. The cheapest type property is "House" followed by "Commercial". At a price of $325,797 it is 30 % 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 $113 / sq.feet followed by "House" priced at $114 / sq.feet. "House" is the cheapest type of property with a $114 / sq.feet value followed by "Commercial" with an average price of $113 / sq.feet.