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 May, the average price per sq.feet was $96. In the following month the price per sq.feet decreased to $91. In the following two months the price per sq.feet has barely changed, going from $93.5 to $94 per sq.feet. The price per sq.feet has increased 111 % 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 $93.75 to $104.5 during September, and October.
Based upon to the price in Cleveland (cities), these have remained the same in the last 6 months. In our first sample month during May, the average price is $166,409. In June This price remains at $162,434. In the following two months the average price has remained the same with regard to the previous two months from $164,421.5 to $159,629. Based on an analysis of the first four prices and the last two months the average price has risen strongly 115 % during the last two months.
The graph displaying the average price for bedrooms illustrates that those properties with 4 bedrooms are the most costly ones. At a price of $138,494 they are 13 % more expensive than the average price for Cleveland. Following this ranking we find those properties with 1 at an average price of $165,137. The properties with the highest average price have 2 bedrooms, Their price is 31 % more costly than the average. After that we have properties with 3 bedrooms priced at $176,546.
With regard to the average price per sq.feet , those properties with 4 bedrooms are the cheapest ones at a cost of $79 / sq.feet, with an average $83 / sq.feet price in Cleveland. The properties with the highest average prices have 1 bedroom. They are 130 % more expensive than the average followed by properties with 2 bedrooms with a price at $133 / sq.feet.
The graph displaying the average prices displays the property type "House" as the most affordable one. At an cost of $138,494 it is 6 % cheaper than the average price in Cleveland. "Commercial" is seen as the second most affordable property type. The dearest property type is "Condo" followed by "Detached House". At a price of $146,859 it is 115 % more expensive than the average price.
According to the average cost per sq.feet, the cheapest property type is "Commercial" at an average cost of $38 / sq.feet followed by "Detached House" priced at $43 / sq.feet. "Condo" is the most costly type of property with a $188 / sq.feet cost followed by "House" with an average price of $83 / sq.feet.