The prices in real estate in Chagrin Falls, in the Ohio region have remained the same in the last couple of months. The real estate prices for second hand homes have remained in this city.
The price per sq.feet in Chagrin Falls has remained the same in the last 6 months. In April, the average price per sq.feet was $136. In the following month the price per sq.feet increased to $152. In the following two months the price per sq.feet has barely changed, going from $144 to $141.5 per sq.feet. The price per sq.feet has decreased 91 % 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 $142.75 to $130.5 during August, and September.
Based upon to the price in Chagrin Falls (cities), this has gone up in the last 6 months. The average price during our first sample month during April, is $533,970. During May the price went through a considerable rise reaching $761,096. In the following two months the average price has remained the same with regard to the previous two months from $647,533 to $648,377. During the last two months the average price has had a strong fall compared to the previous four going from $647,955 to $499,851.5, which means a 77 % fall.
The graph displaying the average price for bedrooms illustrates that those properties with 2 bedrooms are the cheapest ones. At a price of $510,958 they are 9 % more affordable than the average price for Chagrin Falls. The properties with the lowest average price have 1 bedroom, Their price is 8 % cheaper than the average. After that we have properties with 2 bedrooms priced at $467,227.
With regard to the average price per sq.feet , those properties with 2 bedrooms are the most costly ones at a cost of $142 / sq.feet, with an average $130 / sq.feet price in Chagrin Falls. The properties with the highest average prices have 1 bedroom. They are 13 % more expensive than the average followed by properties with 2 bedrooms with a price at $142 / sq.feet.
The graph displaying the average prices displays the property type "Townhouse" as the most affordable one. At an cost of $510,958 it is 23 % cheaper than the average price in Chagrin Falls. "House" is seen as the second most affordable property type. The cheapest type property is "House" followed by "Townhouse". At a price of $395,556 it is 9 % 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 $128 / sq.feet followed by "House" priced at $142 / sq.feet. "House" is the most costly type of property with a $142 / sq.feet cost followed by "Townhouse" with an average price of $128 / sq.feet.