The prices in real estate in Bolivar, 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 Bolivar has had a strong decrease during the last 6 months. In March, the average price per sq.feet was $238. In the following month the price per sq.feet decreased considerably to $165. The price for the following two months in (May, June) had a considerable decrease of 81 with regard to the prior two months. 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 $182 to $174 during July y August
Based upon to the price in Bolivar (cities), these have remained the same in the last 6 months. In our first sample month during March, the average price is $284,415. In April This price remains at $297,160. In the following two months the average price has remained the same with regard to the previous two months from $290,787.5 to $285,560. Based on an analysis of the first four prices and the last two months the average price has gone up 108 % during the last two months.
The graph displaying the average price for bedrooms illustrates that those properties with 3 bedrooms are the cheapest ones. At a price of $302,294 they are 13 % more affordable than the average price for Bolivar. The properties with the highest average price have 4 bedrooms, Their price is 31 % more costly than the average. After that we have properties with 1 bedroom priced at $295,150.
With regard to the average price per sq.feet , those properties with 3 bedrooms are the cheapest ones at a cost of $160 / sq.feet, with an average $181 / sq.feet price in Bolivar. The properties with the highest average prices have 1 bedroom. They are 43 % more expensive than the average followed by properties with 2 bedrooms with a price at $193 / sq.feet.
The graph displaying the average prices displays the property type "Land" as the most affordable one. At an cost of $302,294 it is 14 % cheaper than the average price in Bolivar. "House" is seen as the second most affordable property type. The cheapest type property is "House" followed by "Land". At a price of $259,787 it is 3 % more affordable than the average price.
According to the average cost per sq.feet, the cheapest property type is "House" at an average cost of $161 / sq.feet followed by "Land" priced at $18,640 / sq.feet. "Land" is the most costly type of property with a $18,640 / sq.feet cost followed by "House" with an average price of $161 / sq.feet.