The prices in real estate in Conway Springs, in the Kansas region have had a strong fall in the last couple of months. The real estate prices for second hand homes have gone through a strong fall in this city.
The price per sq.feet in Conway Springs has had a strong decrease during the last 6 months. In March, the average price per sq.feet was $1,043. In the following month the price per sq.feet decreased considerably to $167. The price for the following two months in (May, June) had a considerable decrease of 24 with regard to the prior two months. The price per sq.feet has had a considerable deflation of 46 % 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 $376 to $173 during July, and August.
Based upon to the price in Conway Springs (cities), these have remained the same in the last 6 months. In our first sample month during March, the average price is $315,848. In April This price remains at $305,732. During the following two months (May, June) the average price fell 87 % 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 125 % 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 $350,400 they are 66 % more affordable than the average price for Conway Springs. The properties with the lowest average price have 4 bedrooms, Their price is 7 % cheaper than the average. After that we have properties with 3 bedrooms priced at $269,015.
With regard to the average price per sq.feet , those properties with 4 bedrooms are the cheapest ones at a cost of $121 / sq.feet, with an average $167 / sq.feet price in Conway Springs. The properties with the highest average prices have 1 bedroom. They are 26 % more expensive than the average followed by properties with 3 bedrooms with a price at $128 / sq.feet.
With regard to the average price based upon the property in Conway Springs we can see that the cheapest property type is "House" at a price of $307,448, they are 12 % more affordable than the average price of (!PRECIO2!). "House" has the lowest price. This price is 12 % more affordable than the average price aforementioned.
According to the average area cost by sq.feet the cheapest property type is "House with an average price of $127 / sq.feet. "House" with an average cost of $127 / sq.feet has the lowest price and would be directed at less affluent cities.