Property prices for sale in Cortland (Ohio)
The prices in real estate in Cortland, 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 Cortland has increased strongly during the last 6 months. In November, the average price per sq.feet was $124. In December this price pretty much remained the same at a value of $125 per sq.feet. The price for the following two months in (January, February) had a considerable increment of 166 %. The price per sq.feet has had a considerable increase of 764 % 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 $165.5 to $1,264.5 during March, and April.
Based upon to the price in Cortland (cities), this has gone up in the last 6 months. The price in November is $217,022, rising in December till $232,237. In the following two months the average price has remained the same with regard to the previous two months from $224,629.5 to $233,918. Based on an analysis of the first four prices and the last two months the average price has gone up 109 % 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 $247,005 they are 60 % more affordable than the average price for Cortland. The properties with the lowest average price have 4 bedrooms, Their price is 4 % cheaper than the average. After that we have properties with 3 bedrooms priced at $220,654.
With regard to the average price per sq.feet , those properties with 3 bedrooms are the cheapest ones at a cost of $49 / sq.feet, with an average $121 / sq.feet price in Cortland. The properties with the lowest average prices have 2 bedrooms. They are 47 % cheaper than the average followed by properties with 1 bedroom with a price at $56 / sq.feet.
The graph displaying the average prices displays the property type "Condo" as the most affordable one. At an cost of $247,005 it is 63 % cheaper than the average price in Cortland. "House" is seen as the second most affordable property type. The cheapest type property is "House" followed by "Condo". At a price of $90,713 it is 22 % more affordable than the average price.
According to the average cost per sq.feet, the cheapest property type is "Condo" at an average cost of $35 / sq.feet followed by "House" priced at $49 / sq.feet. "House" is the cheapest type of property with a $49 / sq.feet value followed by "Condo" with an average price of $35 / sq.feet.
