The prices in real estate in Cambridge, in the Ohio region have had a minor fall in the last couple of months. The real estate prices for second hand homes have fallen in this city
The price per sq.feet in Cambridge has fallen in the last 6 months. In March, the average price per sq.feet was $69. In April this price pretty much remained the same at a value of $69 per sq.feet. The price for the following two months in (May, June) had a considerable decrease of 54 with regard to the prior two months. The price per sq.feet has had a considerable increase of 151 % 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 $53 to $80 during July, and August.
Based upon to the price in Cambridge (cities), these have remained the same in the last 6 months. In our first sample month during March, the average price is $127,905. In April This price remains at $129,155. In the following two months the average price has remained the same with regard to the previous two months from $128,530 to $125,850. Based on an analysis of the first four prices and the last two months the average price has gone up 112 % during the last two months.
The graph displaying the average price for bedrooms illustrates that those properties with 1 bedroom are the cheapest ones. At a price of $135,324 they are 44 % more affordable than the average price for Cambridge. The properties with the highest average price have 4 bedrooms, Their price is 136 % more costly than the average. After that we have properties with 3 bedrooms priced at $192,840.
With regard to the average price per sq.feet , those properties with 1 bedroom are the cheapest ones at a cost of $74 / sq.feet, with an average $79 / sq.feet price in Cambridge. The properties with the highest average prices have 4 bedrooms. They are 38 % more expensive than the average followed by properties with 3 bedrooms with a price at $81 / sq.feet.
The graph displaying the average prices displays the property type "Condo" as the most affordable one. At an cost of $135,324 it is 42 % cheaper than the average price in Cambridge. "Duplex" is seen as the second most affordable property type. The dearest property type is "House" followed by "Duplex". At a price of $80,328 it is 41 % more expensive than the average price.
According to the average cost per sq.feet, the cheapest property type is "Condo" at an average cost of $65 / sq.feet followed by "Duplex" priced at $72 / sq.feet. "House" is the most costly type of property with a $128 / sq.feet cost followed by "Duplex" with an average price of $72 / sq.feet.