The prices in real estate in Crete, in the Nebraska 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 Crete has had a strong decrease during the last 6 months. In October, the average price per sq.feet was $205. In the following month the price per sq.feet decreased to $175. The price for the following two months in (December, January) had a considerable decrease of 46 with regard to the prior two months. The price per sq.feet has increased 106 % 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 $138.25 to $147 during February, and March.
Based upon to the price in Crete (cities), this has fallen considerably in the last 6 months. The average price for October is $514,507. During November the price had a considerable reduction till $376,104. During the following two months (December, January) the average price had a considerable reduction of 43 % 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 110 % 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 $334,633 they are 63 % more affordable than the average price for Crete. The properties with the lowest average price have 1 bedroom, Their price is 62 % cheaper than the average. After that we have properties with 3 bedrooms priced at $124,477.
With regard to the average price per sq.feet , those properties with 3 bedrooms are the most costly ones at a cost of $859 / sq.feet, with an average $144 / sq.feet price in Crete. The properties with the highest average prices have 1 bedroom. They are 507 % more expensive than the average followed by properties with 3 bedrooms with a price at $859 / sq.feet.
With regard to the average price based upon the property in Crete we can see that the cheapest property type is "Apartment" at a price of $124,477, they are 63 % more affordable than the average price of (!PRECIO2!). "Apartment" has the lowest price. This price is 63 % more affordable than the average price aforementioned.
According to the average area price by sq.feet the most costly property type is "Apartment with an average price of $859 / sq.feet. "Apartment" at an average price of $859 / sq.feet has the most expensive price and would be directed at more affluent cities.