The prices in real estate in Cleveland, 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 Cleveland has increased strongly during the last 6 months. In September, the average price per sq.feet was $69. In the following month the price per sq.feet increased considerably to $93. In the following two months the price per sq.feet has increased 108 %, going from $81 to $87.5 per sq.feet. 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 $84.25 to $85.5 during January y February
Based upon to the price in Cleveland (cities), this has gone up in the last 6 months. The price in September is $147,136, rising in October till $156,116. During the following two months (November, December) the average price had a considerable increase of 145 % 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 $185,891.5 to $124,295.5, which means a 67 % fall.
The graph displaying the average price for bedrooms illustrates that those properties with 1 bedroom are the cheapest ones. At a price of $130,265 they are 26 % more affordable than the average price for Cleveland. The properties with the lowest average price have 3 bedrooms, Their price is 11 % cheaper than the average. After that we have properties with 4 bedrooms priced at $112,196.
With regard to the average price per sq.feet , those properties with 4 bedrooms are the cheapest ones at a cost of $66 / sq.feet, with an average $89 / sq.feet price in Cleveland. The properties with the highest average prices have 1 bedroom. They are 36 % more expensive than the average followed by properties with 2 bedrooms with a price at $91 / sq.feet.
The graph displaying the average prices displays the property type "Apartment" as the most costly one. At an cost of $130,265 it is 14 % more expensive than the average price in Cleveland. "House" is seen as the second dearest property type. The dearest property type is "Condo" followed by "House". At a price of $404,168 it is 216 % more expensive than the average price.
According to the average cost per sq.feet, the cheapest property type is "Apartment" at an average cost of $58 / sq.feet followed by "House" priced at $150 / sq.feet. "Condo" is the most costly type of property with a $216 / sq.feet cost followed by "House" with an average price of $150 / sq.feet.