The prices in real estate in Broadview Heights, in the Ohio 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 Broadview Heights has had a strong decrease during the last 6 months. In November, the average price per sq.feet was $190. In the following month the price per sq.feet decreased considerably to $154. The price for the following two months in (January, February) 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 $155.75 to $152.5 during March y April
Based upon to the price in Broadview Heights (cities), this has fallen considerably in the last 6 months. The average price for November is $482,078. During December the price had a considerable reduction till $399,425. During the following two months (January, February) the average price had a considerable reduction of 65 % with regard to the previous two months. During the last two months, the average price has reduced with regard to the previous ones. To be precise it has gone down 95 %, going from $362,737 to $343,879 in 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 $338,378 they are 58 % more affordable than the average price for Broadview Heights. The properties with the highest average price have 4 bedrooms, Their price is 44 % more costly than the average. After that we have properties with 3 bedrooms priced at $379,295.
With regard to the average price per sq.feet , those properties with 4 bedrooms are the cheapest ones at a cost of $100 / sq.feet, with an average $156 / sq.feet price in Broadview Heights. The properties with the lowest average prices have 3 bedrooms. They are 22 % cheaper than the average followed by properties with 2 bedrooms with a price at $120 / sq.feet.
The graph displaying the average prices displays the property type "Farm" as the most affordable one. At an cost of $338,378 it is 4 % cheaper than the average price in Broadview Heights. "Condo" is seen as the second most affordable property type. The dearest property type is "House" followed by "Townhouse". At a price of $348,020 it is 61 % 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 $68 / sq.feet followed by "Condo" priced at $79 / sq.feet. "House" is the cheapest type of property with a $113 / sq.feet value followed by "Townhouse" with an average price of $92 / sq.feet.