The prices in real estate in Columbus, in the Ohio region have had a minor rise in the last couple of months. The real estate prices for second hand homes have risen in this city.
The price per sq.feet in Columbus has increased during the last 6 months. In July, the average price per sq.feet was $159. In the following month the price per sq.feet decreased to $147. In the following two months the price per sq.feet has increased 112 %, going from $153 to $172 per sq.feet. The price per sq.feet has had a considerable increase of 118 % 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 $162.5 to $192 during November, and December.
Based upon to the price in Columbus (cities), this has gone up considerably in the last 6 months. In our first sample month during July, the average price is $250,873. In August This price remains at $246,680. During the following two months (September, October) the average price had a considerable increase of 116 % 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 risen strongly 127 % 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 $349,190 they are 61 % more affordable than the average price for Columbus. The properties with the highest average price have 4 bedrooms, Their price is 37 % more costly than the average. After that we have properties with 3 bedrooms priced at $364,452.
With regard to the average price per sq.feet , those properties with 1 bedroom are the cheapest ones at a cost of $107 / sq.feet, with an average $174 / sq.feet price in Columbus. The properties with the highest average prices have 2 bedrooms. They are 16 % more expensive than the average followed by properties with 3 bedrooms with a price at $160 / sq.feet.
The graph displaying the average prices displays the property type "Office" as the most affordable one. At an cost of $349,190 it is 45 % cheaper than the average price in Columbus. "Condo" is seen as the second most affordable property type. The dearest property type is "Apartment" followed by "House". At a price of $354,712 it is 9 % more expensive than the average price.
According to the average cost per sq.feet, the cheapest property type is "Office" at an average cost of $107 / sq.feet followed by "Condo" priced at $121 / sq.feet. "Commercial" is the most costly type of property with a $1,976 / sq.feet cost followed by "House" with an average price of $227 / sq.feet.