The prices in real estate in Defiance, in the Ohio region have had a minor rise in the last couple of months. The real estate prices for second hand homes have risen in this city.
The price per sq.feet in Defiance has increased during the last 6 months. In February, the average price per sq.feet was $76. In March this price pretty much remained the same at a value of $76 per sq.feet. In the following two months the price per sq.feet has barely changed, going from $76 to $75.5 per sq.feet. The price per sq.feet has had a considerable increase of 126 % 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 $75.75 to $95.5 during June, and July.
Based upon to the price in Defiance (cities), this has gone up considerably in the last 6 months. In our first sample month during February, the average price is $127,618. In March This price remains at $126,394. During the following two months (April, May) the average price had a considerable increase of 166 % 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 147 % 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 $159,173 they are 38 % more affordable than the average price for Defiance. The properties with the highest average price have 4 bedrooms, Their price is 68 % more costly than the average. After that we have properties with 3 bedrooms priced at $206,940.
With regard to the average price per sq.feet , those properties with 1 bedroom are the cheapest ones at a cost of $80 / sq.feet, with an average $86 / sq.feet price in Defiance. The properties with the highest average prices have 2 bedrooms. They are 7 % more expensive than the average followed by properties with 3 bedrooms with a price at $81 / sq.feet.
With regard to the average price based upon the property in Defiance we can see that the cheapest property type is "House" at a price of $117,570, they are 26 % more affordable than the average price of (!PRECIO2!). "House" has the lowest price. This price is 26 % 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 $59 / sq.feet. "House" with an average cost of $59 / sq.feet has the lowest price and would be directed at less affluent cities.