The prices in real estate in Celina, 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 Celina has had a strong decrease during the last 6 months. In October, the average price per sq.feet was $3,884. In the following month the price per sq.feet decreased considerably to $2,924. The price for the following two months in (December, January) had a considerable decrease of 59 with regard to the prior two months. The price per sq.feet has had a considerable deflation of 4 % 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 $2,706.75 to $105 during February, and March.
Based upon to the price in Celina (cities), this has fallen considerably in the last 6 months. The average price for October is $1,561,670. During November the price had a considerable reduction till $1,184,728. During the following two months (December, January) the average price had a considerable reduction of 70 % 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 $1,168,567 to $233,543.5, which means a 20 % fall.
The graph displaying the average price for bedrooms illustrates that those properties with 2 bedrooms are the cheapest ones. At a price of $276,387 they are 72 % more affordable than the average price for Celina. The properties with the lowest average price have 3 bedrooms, Their price is 15 % cheaper than the average. After that we have properties with 4 bedrooms priced at $159,490.
With regard to the average price per sq.feet , those properties with 2 bedrooms are the cheapest ones at a cost of $84 / sq.feet, with an average $103 / sq.feet price in Celina. The properties with the highest average prices have 1 bedroom. They are 78 % more expensive than the average followed by properties with 3 bedrooms with a price at $133 / sq.feet.
The graph displaying the average prices displays the property type "House" as the most affordable one. At an cost of $276,387 it is 71 % cheaper than the average price in Celina. "Land" is seen as the second most affordable property type. The cheapest type property is "Commercial" followed by "Land". At a price of $149,259 it is 41 % more affordable than the average price.
According to the average cost per sq.feet, the cheapest property type is "House" at an average cost of $57 / sq.feet followed by "Commercial" priced at $77 / sq.feet. "Land" is the cheapest type of property with a $88 / sq.feet value followed by "Commercial" with an average price of $77 / sq.feet.