Property prices for sale in Berea (Ohio)
The prices in real estate in Berea, 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 Berea has increased strongly during the last 6 months. In November, the average price per sq.feet was $127. In December this price pretty much remained the same at a value of $133 per sq.feet. In the following two months the price per sq.feet has increased 108 %, going from $130 to $141 per sq.feet. The price per sq.feet has had a considerable increase of 117 % 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 $135.5 to $158.5 during March, and April.
Based upon to the price in Berea (cities), this has gone up considerably in the last 6 months. The price in November is $225,037, rising in December till $249,732. During the following two months (January, February) the average price had a considerable increase of 126 % with regard to the previous two months. 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 $267,984.75 and $281,242 between March and April.
The graph displaying the average price for bedrooms illustrates that those properties with 2 bedrooms are the cheapest ones. At a price of $284,565 they are 64 % more affordable than the average price for Berea. The properties with the lowest average price have 4 bedrooms, Their price is 2 % cheaper than the average. After that we have properties with 1 bedroom priced at $137,903.
With regard to the average price per sq.feet , those properties with 3 bedrooms are the cheapest ones at a cost of $43 / sq.feet, with an average $154 / sq.feet price in Berea. The properties with the lowest average prices have 1 bedroom. They are 32 % cheaper than the average followed by properties with 4 bedrooms with a price at $60 / sq.feet.
The graph displaying the average prices displays the property type "House" as the most affordable one. At an cost of $284,565 it is 53 % cheaper than the average price in Berea. "Apartment" is seen as the second most affordable property type. The dearest property type is "Detached House" followed by "Duplex". At a price of $252,721 it is 11 % more expensive than the average price.
According to the average cost per sq.feet, the cheapest property type is "Farm" at an average cost of $43 / sq.feet followed by "Duplex" priced at $53 / sq.feet. "Detached House" is the cheapest type of property with a $151 / sq.feet value followed by "Apartment" with an average price of $77 / sq.feet.
