The prices in real estate in Cleveland, in the Ohio region have had a minor fall in the last couple of months. The real estate prices for second hand homes have fallen in this city
The price per sq.feet in Cleveland has fallen in the last 6 months. In October, the average price per sq.feet was $93. In the following month the price per sq.feet decreased considerably to $75. In the following two months the price per sq.feet has increased 108 %, going from $84 to $91 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 $87.5 to $89 during February y March
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 October, is $156,116. During November the price went through a considerable rise reaching $192,877. In the following two months the average price has remained the same with regard to the previous two months from $174,496.5 to $182,881.5. During the last two months the average price has had a strong fall compared to the previous four going from $178,689 to $139,999.5, which means a 78 % fall.
The graph displaying the average price for bedrooms illustrates that those properties with 1 bedroom are the cheapest ones. At a price of $149,734 they are 38 % more affordable than the average price for Cleveland. The properties with the lowest average price have 4 bedrooms, Their price is 14 % cheaper than the average. After that we have properties with 3 bedrooms priced at $126,905.
With regard to the average price per sq.feet , those properties with 4 bedrooms are the cheapest ones at a cost of $74 / sq.feet, with an average $89 / sq.feet price in Cleveland. The properties with the highest average prices have 1 bedroom. They are 25 % more expensive than the average followed by properties with 2 bedrooms with a price at $105 / sq.feet.
The graph displaying the average prices displays the property type "Apartment" as the most affordable one. At an cost of $149,734 it is 1 % 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 "House". At a price of $398,629 it is 180 % 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 $57 / sq.feet followed by "House" priced at $142 / sq.feet. "Condo" is the most costly type of property with a $228 / sq.feet cost followed by "House" with an average price of $142 / sq.feet.