The prices in real estate in Centerville, in the Iowa 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 Centerville has had a strong decrease during the last 6 months. In January, the average price per sq.feet was $89. In the following month the price per sq.feet decreased considerably to $70. In the following two months the price per sq.feet has increased 105 %, going from $79.5 to $83.5 per sq.feet. The price per sq.feet has had a considerable deflation of 85 % 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 $81.5 to $69 during May, and June.
Based upon to the price in Centerville (cities), this has gone downing the last 6 months. The average price for January is $141,111. During February the price had a slight fall till $122,186. In the following two months the average price has remained the same with regard to the previous two months from $131,648.5 to $134,431.5. During the last two months, the average price has reduced with regard to the previous ones. To be precise it has gone down 86 %, going from $133,040 to $114,196 in May and June.
The graph displaying the average price for bedrooms illustrates that those properties with 1 bedroom are the cheapest ones. At a price of $113,663 they are 32 % more affordable than the average price for Centerville. The properties with the highest average price have 3 bedrooms, Their price is 136 % more costly than the average. After that we have properties with 4 bedrooms priced at $167,086.
With regard to the average price per sq.feet , those properties with 4 bedrooms are the cheapest ones at a cost of $52 / sq.feet, with an average $71 / sq.feet price in Centerville. The properties with the highest average prices have 3 bedrooms. They are 79 % more expensive than the average followed by properties with 2 bedrooms with a price at $64 / sq.feet.
The graph displaying the average prices displays the property type "House" as the most costly one. At an cost of $113,663 it is 4 % more expensive than the average price in Centerville. "Farm" is seen as the second dearest property type. The dearest property type is "Farm" followed by "House". At a price of $117,817 it is 615 % more expensive than the average price.
According to the average cost per sq.feet, the cheapest property type is "House" at an average cost of $65 / sq.feet followed by "Farm" priced at $429 / sq.feet. "Farm" is the most costly type of property with a $429 / sq.feet cost followed by "House" with an average price of $65 / sq.feet.