The prices in real estate in Cleveland, in the Ohio region have remained the same in the last couple of months. The real estate prices for second hand homes have remained in this city.
The price per sq.feet in Cleveland has remained the same in the last 6 months. In December, the average price per sq.feet was $87. In January this price pretty much remained the same at a value of $83 per sq.feet. The price for the following two months in (February, March) decreased 92 % with regard to the prior two months. The price per sq.feet has increased 114 % 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 $81.75 to $93.5 during April, and May.
Based upon to the price in Cleveland (cities), these have remained the same in the last 6 months. In our first sample month during December, the average price is $149,728. In January This price remains at $152,876. During the following two months (February, March) the average price fell 87 % 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 109 % during the last two months.
The graph displaying the average price for bedrooms illustrates that those properties with 1 bedroom are the cheapest ones. At a price of $143,156 they are 21 % more affordable than the average price for Cleveland. The properties with the highest average price have 2 bedrooms, Their price is 29 % more costly than the average. After that we have properties with 4 bedrooms priced at $132,751.
With regard to the average price per sq.feet , those properties with 4 bedrooms are the cheapest ones at a cost of $72 / sq.feet, with an average $92 / sq.feet price in Cleveland. The properties with the highest average prices have 1 bedroom. They are 53 % more expensive than the average followed by properties with 2 bedrooms with a price at $136 / sq.feet.
The graph displaying the average prices displays the property type "House" as the most affordable one. At an cost of $143,156 it is 57 % cheaper than the average price in Cleveland. "Condo" is seen as the second most affordable property type. The dearest property type is "Detached House" followed by "Condo". At a price of $125,541 it is 6 % more expensive than the average price.
According to the average cost per sq.feet, the cheapest property type is "House" at an average cost of $42 / sq.feet followed by "Detached House" priced at $79 / sq.feet. "Condo" is the most costly type of property with a $754 / sq.feet cost followed by "Detached House" with an average price of $79 / sq.feet.