The prices in real estate in Bridgeton, 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 Bridgeton has had a strong decrease during the last 6 months. In March, the average price per sq.feet was $315. In the following month the price per sq.feet decreased considerably to . The price for the following two months in (May, June) had a considerable increment of 181 %. The price per sq.feet has had a considerable deflation of 79 % 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 $221.25 to $174 during July, and August.
Based upon to the price in Bridgeton (cities), this has fallen considerably in the last 6 months. The average price for March is $870,380. During April the price had a considerable reduction till . During the following two months (May, June) the average price had a considerable increase of 201 % 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 $654,765 to $396,966.5, which means a 61 % fall.
The graph displaying the average price for bedrooms illustrates that those properties with 1 bedroom are the cheapest ones. At a price of $618,800 they are 88 % more affordable than the average price for Bridgeton. The properties with the lowest average price have 4 bedrooms, Their price is 54 % cheaper than the average. After that we have properties with 3 bedrooms priced at $231,992.
With regard to the average price per sq.feet , those properties with 1 bedroom are the cheapest ones at a cost of $59 / sq.feet, with an average $228 / sq.feet price in Bridgeton. The properties with the lowest average prices have 2 bedrooms. They are 39 % cheaper than the average followed by properties with 3 bedrooms with a price at $135 / sq.feet.
The graph displaying the average prices displays the property type "Office" as the most affordable one. At an cost of $618,800 it is 88 % cheaper than the average price in Bridgeton. "Condo" is seen as the second most affordable property type. The cheapest type property is "House" followed by "Condo". At a price of $74,625 it is 7 % more affordable than the average price.
According to the average cost per sq.feet, the cheapest property type is "Office" at an average cost of $52 / sq.feet followed by "Condo" priced at $53 / sq.feet. "House" is the cheapest type of property with a $222 / sq.feet value followed by "Condo" with an average price of $53 / sq.feet.