The prices in real estate in Charles City, 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 Charles City has had a strong decrease during the last 6 months. In December, the average price per sq.feet was $69. In January this price pretty much remained the same at a value of $70 per sq.feet. The price for the following two months in (February, March) had a considerable decrease of 50 with regard to the prior two months. The price per sq.feet has had a considerable increase of 130 % 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 $52.25 to $68 during April, and May.
Based upon to the price in Charles City (cities), this has fallen considerably in the last 6 months. In our first sample month during December, the average price is $132,188. In January This price remains at $136,083. During the following two months (February, March) the average price had a considerable reduction of 48 % 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 gone up 114 % during the last two months.
The graph showing the average price for bedrooms displays the property with the most expensive price has 1 bedroom. It is 23 % more costly than the average price of $135,674 in Charles City. Based on the bedrooms values, properties with the highest prices are those with 1 bedroom. They are 23 % more expensive than the average aforementioned.
With regard to the average prices per sq.feet those properties with 1 bedroom are 1 % cheaper than the average price of ($67 / sq.feet) in Charles City. Properties with the most affordable price based upon to the number of bedrooms / sq.feet are those with 1 bedroom. They are 1 % cheaper than the average value aforementioned.
With regard to the average price based upon the property in Charles City we can see that most expensive property type is "House" at a price of $135,674, they are 23 % more costly than the average price of (!PRECIO2!). "House" has the highest price. This price is 23 % more expensive than the average price aforementioned.
According to the average area cost by sq.feet the cheapest property type is "House with an average price of $67 / sq.feet. "House" with an average cost of $67 / sq.feet has the lowest price and would be directed at less affluent cities.