Property prices for sale in Cape Girardeau (Missouri)
The prices in real estate in Cape Girardeau, 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 Cape Girardeau has increased strongly during the last 6 months. In November, the average price per sq.feet was $1,076. In the following month the price per sq.feet increased to $1,234. The price for the following two months in (January, February) had a considerable decrease of 39 with regard to the prior two months. The price per sq.feet has had a considerable increase of 380 % 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 $802.5 to $3,052.5 during March, and April.
Based upon to the price in Cape Girardeau (cities), this has gone downing the last 6 months. The average price for November is $338,432. During December the price had a slight fall till $305,456. In the following two months the average price has remained the same with regard to the previous two months from $321,944 to $324,856. During the last two months, the average price has reduced with regard to the previous ones. To be precise it has gone down 92 %, going from $323,400 to $296,026 in March and April.
The graph displaying the average price for bedrooms illustrates that those properties with 2 bedrooms are the cheapest ones. At a price of $293,331 they are 40 % more affordable than the average price for Cape Girardeau. The properties with the highest average price have 4 bedrooms, Their price is 27 % more costly than the average. After that we have properties with 3 bedrooms priced at $229,900.
With regard to the average price per sq.feet , those properties with 2 bedrooms are the cheapest ones at a cost of $129 / sq.feet, with an average $2,948 / sq.feet price in Cape Girardeau. The properties with the lowest average prices have 4 bedrooms. They are 46 % cheaper than the average followed by properties with 3 bedrooms with a price at $1,059 / sq.feet.
The graph displaying the average prices displays the property type "Land" as the most affordable one. At an cost of $293,331 it is 77 % cheaper than the average price in Cape Girardeau. "Condo" is seen as the second most affordable property type. The dearest property type is "Office" followed by "House". At a price of $304,461 it is 84 % 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 $82 / sq.feet followed by "Office" priced at $102 / sq.feet. "Land" is the most costly type of property with a $13,706 / sq.feet cost followed by "House" with an average price of $3,167 / sq.feet.
