Property prices for sale in Beachwood (Ohio)
The prices in real estate in Beachwood, in the Ohio region have remained the same in the last couple of months. The real estate prices for second hand homes have remained in this city.
The price per sq.feet in Beachwood has remained the same in the last 6 months. In October, the average price per sq.feet was $171. In November this price pretty much remained the same at a value of $174 per sq.feet. In the following two months the price per sq.feet has barely changed, going from $172.5 to $167.5 per sq.feet. The price per sq.feet has increased 109 % 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 $170 to $184.5 during February, and March.
Based upon to the price in Beachwood (cities), this has gone up considerably in the last 6 months. The average price during our first sample month during October, is $396,896. During November the price went through a considerable rise reaching $563,291. During the following two months (December, January) the price has had an average incrementation from $480,093.5 to $531,402. 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 $505,747.75 and $492,047 between February and March.
The graph displaying the average price for bedrooms illustrates that those properties with 3 bedrooms are the cheapest ones. At a price of $534,304 they are 66 % more affordable than the average price for Beachwood. The properties with the lowest average price have 4 bedrooms, Their price is 31 % cheaper than the average. After that we have properties with 1 bedroom priced at $364,756.
With regard to the average price per sq.feet , those properties with 3 bedrooms are the cheapest ones at a cost of $58 / sq.feet, with an average $174 / sq.feet price in Beachwood. The properties with the lowest average prices have 4 bedrooms. They are 42 % cheaper than the average followed by properties with 1 bedroom with a price at $77 / sq.feet.
The graph displaying the average prices displays the property type "Townhouse" as the most affordable one. At an cost of $534,304 it is 68 % cheaper than the average price in Beachwood. "Office" is seen as the second most affordable property type. The cheapest type property is "Apartment" followed by "Detached House". At a price of $367,298 it is 31 % more affordable than the average price.
According to the average cost per sq.feet, the cheapest property type is "Townhouse" at an average cost of $15 / sq.feet followed by "Office" priced at $18 / sq.feet. "Apartment" is the cheapest type of property with a $101 / sq.feet value followed by "Detached House" with an average price of $91 / sq.feet.
