The prices in real estate in Chesterland, in the Ohio region have had a strong rise in the last couple of months. The real estate prices for second hand homes have gone through a strong increase in this city.
The price per sq.feet in Chesterland has increased strongly during the last 6 months. In August, the average price per sq.feet was $119. In September this price pretty much remained the same at a value of $119 per sq.feet. The price for the following two months in (October, November) had a considerable increment of 129 %. The price per sq.feet has increased 107 % 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 $136 to $145.5 during December, and January.
Based upon to the price in Chesterland (cities), this has gone up considerably in the last 6 months. In our first sample month during August, the average price is $361,591. In September This price remains at $368,958. During the following two months (October, November) the average price had a considerable increase of 163 % with regard to the previous two months. During the last two months, the average price has pretty much remained the same with regard to the previous average values going from an average value of $480,557.5 and $478,412.5 between December and January.
The graph displaying the average price for bedrooms illustrates that those properties with 1 bedroom are the cheapest ones. At a price of $468,100 they are 68 % more affordable than the average price for Chesterland. The properties with the lowest average price have 4 bedrooms, Their price is 14 % cheaper than the average. After that we have properties with 3 bedrooms priced at $314,066.
With regard to the average price per sq.feet , those properties with 4 bedrooms are the cheapest ones at a cost of $89 / sq.feet, with an average $147 / sq.feet price in Chesterland. The properties with the lowest average prices have 2 bedrooms. They are 6 % cheaper than the average followed by properties with 1 bedroom with a price at $136 / sq.feet.
The graph displaying the average prices displays the property type "Commercial" as the most affordable one. At an cost of $468,100 it is 31 % cheaper than the average price in Chesterland. "House" is seen as the second most affordable property type. The cheapest type property is "House" followed by "Commercial". At a price of $321,481 it is 23 % more affordable than the average price.
According to the average cost per sq.feet, the cheapest property type is "Commercial" at an average cost of $104 / sq.feet followed by "House" priced at $114 / sq.feet. "House" is the cheapest type of property with a $114 / sq.feet value followed by "Commercial" with an average price of $104 / sq.feet.