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 July, the average price per sq.feet was $1,198. In the following month the price per sq.feet decreased considerably to $228. The price for the following two months in (September, October) had a considerable decrease of 26 with regard to the prior two months. The price per sq.feet has had a considerable deflation of 81 % 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 $448.25 to $362.5 during November, and December.
Based upon to the price in Boulder City (cities), this has gone up considerably in the last 6 months. The average price during our first sample month during July, is $295,020. During August the price went through a considerable rise reaching $691,987. During the following two months (September, October) the average price fell 95 % with regard to the previous two months. Based on an analysis of the first four prices and the last two months the average price has risen strongly 269 % during the last two months.
The graph displaying the average price for bedrooms illustrates that those properties with 2 bedrooms are the cheapest ones. At a price of $1,751,667 they are 96 % more affordable than the average price for Boulder City. The properties with the lowest average price have 3 bedrooms, Their price is 83 % cheaper than the average. After that we have properties with 1 bedroom priced at $252,277.
With regard to the average price per sq.feet , those properties with 2 bedrooms are the most costly ones at a cost of $644 / sq.feet, with an average $456 / sq.feet price in Boulder City. The properties with the highest average prices have 1 bedroom. They are 321 % more expensive than the average followed by properties with 4 bedrooms with a price at $1,103 / sq.feet.
The graph displaying the average prices displays the property type "House" as the most affordable one. At an cost of $1,751,667 it is 91 % cheaper than the average price in Boulder City. "Farm" is seen as the second most affordable property type. The cheapest type property is "Farm" followed by "House". At a price of $150,784 it is 77 % more affordable than the average price.
According to the average cost per sq.feet, the cheapest property type is "Farm" at an average cost of $140 / sq.feet followed by "House" priced at $1,103 / sq.feet. "House" is the most costly type of property with a $1,103 / sq.feet cost followed by "Farm" with an average price of $140 / sq.feet.