The prices in real estate in Chugiak, in the Alaska region have had a minor rise in the last couple of months. The real estate prices for second hand homes have risen in this city.
The price per sq.feet in Chugiak has increased during the last 6 months. In March, the average price per sq.feet was $261. In April this price pretty much remained the same at a value of $270 per sq.feet. In the following two months the price per sq.feet has barely changed, going from $265.5 to $254.5 per sq.feet. The price per sq.feet has had a considerable increase of 128 % 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 $260 to $333.5 during July, and August.
Based upon to the price in Chugiak (cities), these have remained the same in the last 6 months. The average price for March is $502,724. During April the price had a slight fall till $457,136. During the following two months (May, June) the price has had an average incrementation from $479,930 to $515,027. 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 $497,478.5 and $498,724 between July and August.
The graph displaying the average price for bedrooms illustrates that those properties with 1 bedroom are the cheapest ones. At a price of $472,373 they are 65 % more affordable than the average price for Chugiak. The properties with the lowest average price have 4 bedrooms, Their price is 10 % cheaper than the average. After that we have properties with 3 bedrooms priced at $421,037.
With regard to the average price per sq.feet , those properties with 4 bedrooms are the cheapest ones at a cost of $138 / sq.feet, with an average $405 / sq.feet price in Chugiak. The properties with the lowest average prices have 3 bedrooms. They are 52 % cheaper than the average followed by properties with 2 bedrooms with a price at $166 / sq.feet.
The graph displaying the average prices displays the property type "Condo" as the most affordable one. At an cost of $472,373 it is 35 % cheaper than the average price in Chugiak. "Townhouse" is seen as the second most affordable property type. The dearest property type is "House" followed by "Townhouse". At a price of $445,178 it is 257 % more expensive than the average price.
According to the average cost per sq.feet, the cheapest property type is "Townhouse" at an average cost of $276 / sq.feet followed by "House" priced at $1,056 / sq.feet. "Condo" is the most costly type of property with a $3,111 / sq.feet cost followed by "House" with an average price of $1,056 / sq.feet.