The prices in real estate in Columbus, 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 Columbus has increased strongly during the last 6 months. In August, the average price per sq.feet was $147. In the following month the price per sq.feet increased to $169. The price for the following two months in (October, November) had a considerable increment of 122 %. 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 $175.25 to $168 during December y January
Based upon to the price in Columbus (cities), this has gone up considerably in the last 6 months. The price in August is $246,680, rising in September till $278,059. During the following two months (October, November) the average price had a considerable increase of 121 % 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 114 % during the last two months.
The graph displaying the average price for bedrooms illustrates that those properties with 3 bedrooms are the cheapest ones. At a price of $310,920 they are 31 % more affordable than the average price for Columbus. The properties with the highest average price have 4 bedrooms, Their price is 2 % more costly than the average. After that we have properties with 2 bedrooms priced at $241,918.
With regard to the average price per sq.feet , those properties with 4 bedrooms are the cheapest ones at a cost of $140 / sq.feet, with an average $162 / sq.feet price in Columbus. The properties with the highest average prices have 1 bedroom. They are 72 % more expensive than the average followed by properties with 2 bedrooms with a price at $174 / sq.feet.
The graph displaying the average prices displays the property type "Office" as the most affordable one. At an cost of $310,920 it is 38 % cheaper than the average price in Columbus. "Townhouse" is seen as the second most affordable property type. The dearest property type is "Condo" followed by "House". At a price of $338,035 it is 64 % 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 $106 / sq.feet followed by "House" priced at $151 / sq.feet. "Commercial" is the most costly type of property with a $1,974 / sq.feet cost followed by "Condo" with an average price of $292 / sq.feet.