The prices in real estate in Conway Springs, in the Kansas 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 Conway Springs has increased strongly during the last 6 months. In October, the average price per sq.feet was $180. In November this price pretty much remained the same at a value of $180 per sq.feet. In the following two months the price per sq.feet has increased 111 %, going from $180 to $200.5 per sq.feet. The price per sq.feet has had a considerable increase of 606 % 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 $190.25 to $1,153 during February, and March.
Based upon to the price in Conway Springs (cities), these have remained the same in the last 6 months. The average price for October is $385,324. During November the price had a slight fall till $342,196. During the following two months (December, January) the average price had a considerable increase of 116 % with regard to the previous two months. During the last two months the average price has had a strong fall compared to the previous four going from $393,609 to $326,935.5, which means a 83 % fall.
The graph displaying the average price for bedrooms illustrates that those properties with 1 bedroom are the cheapest ones. At a price of $315,848 they are 63 % more affordable than the average price for Conway Springs. The properties with the highest average price have 4 bedrooms, Their price is 4 % more costly than the average. After that we have properties with 3 bedrooms priced at $270,367.
With regard to the average price per sq.feet , those properties with 4 bedrooms are the cheapest ones at a cost of $126 / sq.feet, with an average $1,043 / sq.feet price in Conway Springs. The properties with the lowest average prices have 1 bedroom. They are 79 % cheaper than the average followed by properties with 3 bedrooms with a price at $133 / 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 $308,992, they are 2 % more affordable than the average price of (!PRECIO2!). "House" has the lowest price. This price is 2 % 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 $132 / sq.feet. "House" with an average cost of $132 / sq.feet has the lowest price and would be directed at less affluent cities.