The prices in real estate in Chesapeake, 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 Chesapeake has had a strong decrease during the last 6 months. In October, the average price per sq.feet was $138. In the following month the price per sq.feet decreased considerably to $104. The price for the following two months in (December, January) had a considerable decrease of 40 with regard to the prior two months. The price per sq.feet has barely changed in the last two months compared to the average price of the previous four months going from an average price of $84.75 to $83.5 during February y March
Based upon to the price in Chesapeake (cities), this has fallen considerably in the last 6 months. The average price for October is $378,266. During November the price had a considerable reduction till $193,600. During the following two months (December, January) the average price had a considerable reduction of 38 % 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 $197,070.75 to $128,950, which means a 65 % fall.
The graph showing the average price for bedrooms displays the property with the most expensive price has 1 bedroom. It is 19 % more costly than the average price of $145,245 in Chesapeake. Based on the bedrooms values, properties with the highest prices are those with 1 bedroom. They are 19 % more expensive than the average aforementioned.
With regard to the average prices per sq.feet those properties with 1 bedroom are 10 % cheaper than the average price of ($70 / sq.feet) in Chesapeake. Properties with the most affordable price based upon to the number of bedrooms / sq.feet are those with 1 bedroom. They are 10 % cheaper than the average value aforementioned.
With regard to the average price based upon the property in Chesapeake we can see that most expensive property type is "House" at a price of $145,245, they are 19 % more costly than the average price of (!PRECIO2!). "House" has the highest price. This price is 19 % 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 $70 / sq.feet. "House" with an average cost of $70 / sq.feet has the lowest price and would be directed at less affluent cities.