The prices in real estate in Boulder City, in the Nevada 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 Boulder City has had a strong decrease during the last 6 months. In April, the average price per sq.feet was $1,572. In the following month the price per sq.feet decreased considerably to $889. The price for the following two months in (June, July) had a considerable decrease of 45 with regard to the prior two months. The price per sq.feet has had a considerable deflation of 24 % 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 $891.5 to $216.5 during August, and September.
Based upon to the price in Boulder City (cities), this has fallen considerably in the last 6 months. The average price for April is $2,531,183. During May the price had a considerable reduction till $1,957,742. During the following two months (June, July) the average price had a considerable reduction of 55 % with regard to the previous two months. During the last two months the average price has had a strong fall compared to the previous four going from $1,739,207.75 to $498,776, which means a 29 % fall.
The graph displaying the average price for bedrooms illustrates that those properties with 1 bedroom are the cheapest ones. At a price of $500,620 they are 62 % more affordable than the average price for Boulder City. The properties with the highest average price have 4 bedrooms, Their price is 77 % more costly than the average. After that we have properties with 3 bedrooms priced at $432,601.
With regard to the average price per sq.feet , those properties with 1 bedroom are the cheapest ones at a cost of $178 / sq.feet, with an average $216 / sq.feet price in Boulder City. The properties with the highest average prices have 4 bedrooms. They are 19 % more expensive than the average followed by properties with 2 bedrooms with a price at $211 / sq.feet.
The graph displaying the average prices displays the property type "Townhouse" as the most affordable one. At an cost of $500,620 it is 70 % cheaper than the average price in Boulder City. "Farm" is seen as the second most affordable property type. The dearest property type is "House" followed by "Farm". At a price of $402,844 it is 27 % 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 $131 / sq.feet followed by "House" priced at $234 / sq.feet. "Townhouse" is the most costly type of property with a $1,085 / sq.feet cost followed by "House" with an average price of $234 / sq.feet.