Property prices for sale in Cleveland (Ohio)
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 March, the average price per sq.feet was $69. In the following month the price per sq.feet increased considerably to $89. In the following two months the price per sq.feet has increased 106 %, going from $79 to $84 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 $81.5 to $84 during July y August
Based upon to the price in Cleveland (cities), this has gone up in the last 6 months. The average price during our first sample month during March, is $146,896. During April the price went through a considerable rise reaching $170,953. During the following two months (May, June) the price has had an average incrementation from $158,924.5 to $169,742. During the last two months, the average price has reduced with regard to the previous ones. To be precise it has gone down 92 %, going from $164,333.25 to $150,425.5 in 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 $142,430 they are 11 % more affordable than the average price for Cleveland. The properties with the highest average price have 2 bedrooms, Their price is 9 % more costly than the average. After that we have properties with 3 bedrooms priced at $146,306.
With regard to the average price per sq.feet , those properties with 4 bedrooms are the cheapest ones at a cost of $62 / sq.feet, with an average $84 / sq.feet price in Cleveland. The properties with the highest average prices have 1 bedroom. They are 96 % more expensive than the average followed by properties with 2 bedrooms with a price at $121 / sq.feet.
The graph displaying the average prices displays the property type "Townhouse" as the most affordable one. At an cost of $142,430 it is 15 % cheaper than the average price in Cleveland. "House" is seen as the second most affordable property type. The dearest property type is "Condo" followed by "Detached House". At a price of $145,831 it is 87 % 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 $24 / sq.feet followed by "Duplex" priced at $26 / sq.feet. "Condo" is the most costly type of property with a $206 / sq.feet cost followed by "House" with an average price of $84 / sq.feet.
