The prices in real estate in Branson, in the Missouri 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 Branson has increased strongly during the last 6 months. In November, the average price per sq.feet was $667. In the following month the price per sq.feet increased considerably to $866. The price for the following two months in (January, February) had a considerable increment of 517 %. The price per sq.feet has had a considerable deflation of 43 % 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 $2,364.5 to $1,014 during March, and April.
Based upon to the price in Branson (cities), this has gone up considerably in the last 6 months. The average price for November is $213,428. During December the price had a slight fall till $196,258. During the following two months (January, February) the average price had a considerable increase of 220 % 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 $328,011.5 and $342,518 between March and April.
The graph displaying the average price for bedrooms illustrates that those properties with 1 bedroom are the cheapest ones. At a price of $340,191 they are 37 % more affordable than the average price for Branson. The properties with the lowest average price have 4 bedrooms, Their price is 5 % cheaper than the average. After that we have properties with 1 bedroom priced at $213,214.
With regard to the average price per sq.feet , those properties with 4 bedrooms are the cheapest ones at a cost of $92 / sq.feet, with an average $1,003 / sq.feet price in Branson. The properties with the lowest average prices have 1 bedroom. They are 34 % cheaper than the average followed by properties with 4 bedrooms with a price at $92 / sq.feet.
The graph displaying the average prices displays the property type "Commercial" as the most affordable one. At an cost of $340,191 it is 42 % cheaper than the average price in Branson. "Apartment" is seen as the second most affordable property type. The cheapest type property is "Apartment" followed by "Commercial". At a price of $198,348 it is 5 % more affordable than the average price.
According to the average cost per sq.feet, the cheapest property type is "Apartment" at an average cost of $92 / sq.feet followed by "Commercial" priced at $1,001 / sq.feet. "Commercial" is the cheapest type of property with a $1,001 / sq.feet value followed by "Apartment" with an average price of $92 / sq.feet.