The prices in real estate in Canfield, in the Ohio 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 Canfield has increased strongly during the last 6 months. In December, the average price per sq.feet was $91. In the following month the price per sq.feet increased to $100. In the following two months the price per sq.feet has increased 108 %, going from $95.5 to $103.5 per sq.feet. The price per sq.feet has had a considerable increase of 508 % 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 $99.5 to $505.5 during April, and May.
Based upon to the price in Canfield (cities), this has gone up considerably in the last 6 months. In our first sample month during December, the average price is $229,212. In January This price remains at $225,723. During the following two months (February, March) the average price had a considerable increase of 128 % 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 240 % during the last two months.
The graph showing the average price for bedrooms displays the property with the lowest price has 1 bedroom. It is 71 % cheaper than the average price of $271,371 in Canfield. Based on the bedrooms values, properties with the lowest prices are those with 1 bedroom. They are 71 % more affordable than the average aforementioned.
With regard to the average prices per sq.feet those properties with 1 bedroom are 89 % cheaper than the average price of ($101 / sq.feet) in Canfield. Properties with the most affordable price based upon to the number of bedrooms / sq.feet are those with 1 bedroom. They are 89 % cheaper than the average value aforementioned.
The graph displaying the average prices displays the property type "Townhouse" as the most affordable one. At an cost of $944,725 it is 79 % cheaper than the average price in Canfield. "Apartment" is seen as the second most affordable property type. The cheapest type property is "House" followed by "Apartment". At a price of $244,450 it is 71 % more affordable than the average price.
According to the average cost per sq.feet, the cheapest property type is "Townhouse" at an average cost of $57 / sq.feet followed by "Apartment" priced at $63 / sq.feet. "House" is the cheapest type of property with a $101 / sq.feet value followed by "Apartment" with an average price of $63 / sq.feet.