The prices in real estate in Centerville, 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 Centerville has had a strong decrease during the last 6 months. In September, the average price per sq.feet was $712. In the following month the price per sq.feet decreased considerably to $200. The price for the following two months in (November, December) had a considerable decrease of 37 with regard to the prior two months. The price per sq.feet has had a considerable increase of 317 % 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 $313 to $991 during January, and February.
Based upon to the price in Centerville (cities), these have remained the same in the last 6 months. The average price for September is $441,493. During October the price had a slight fall till $413,318. During the following two months (November, December) the average price fell 89 % 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 116 % 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 $483,515 they are 72 % more affordable than the average price for Centerville. The properties with the lowest average price have 4 bedrooms, Their price is 24 % cheaper than the average. After that we have properties with 3 bedrooms priced at $310,680.
With regard to the average price per sq.feet , those properties with 4 bedrooms are the cheapest ones at a cost of $140 / sq.feet, with an average $1,373 / sq.feet price in Centerville. The properties with the lowest average prices have 3 bedrooms. They are 87 % cheaper than the average followed by properties with 1 bedroom with a price at $166 / sq.feet.
The graph displaying the average prices displays the property type "Land" as the most affordable one. At an cost of $483,515 it is 36 % cheaper than the average price in Centerville. "Apartment" is seen as the second most affordable property type. The cheapest type property is "House" followed by "Commercial". At a price of $350,065 it is 21 % 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 $56 / sq.feet followed by "Commercial" priced at $59 / sq.feet. "House" is the cheapest type of property with a $462 / sq.feet value followed by "Apartment" with an average price of $162 / sq.feet.