The prices in real estate in Dennison, in the Ohio 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 Dennison has had a strong decrease during the last 6 months. In October, the average price per sq.feet was $4,331. In the following month the price per sq.feet decreased considerably to $1,427. The price for the following two months in (December, January) had a considerable decrease of 10 with regard to the prior two months. The price per sq.feet has had a considerable increase of 217 % 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 $1,581.75 to $3,430.5 during February, and March.
Based upon to the price in Dennison (cities), this has gone downing the last 6 months. The average price for October is $144,875. During November the price had a considerable reduction till $115,485. During the following two months (December, January) the average price fell 89 % 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 109 % during the last two months.
The graph displaying the average price for bedrooms illustrates that those properties with 4 bedrooms are the cheapest ones. At a price of $126,877 they are 10 % more affordable than the average price for Dennison. The properties with the lowest average price have 1 bedroom, Their price is 8 % cheaper than the average. After that we have properties with 2 bedrooms priced at $114,259.
With regard to the average price per sq.feet , those properties with 4 bedrooms are the cheapest ones at a cost of $31 / sq.feet, with an average $2,550 / sq.feet price in Dennison. The properties with the lowest average prices have 1 bedroom. They are 98 % cheaper than the average followed by properties with 2 bedrooms with a price at $36 / sq.feet.
With regard to the average price based upon the property in Dennison we can see that the cheapest property type is "House" at a price of $113,686, they are 10 % more affordable than the average price of (!PRECIO2!). "House" has the lowest price. This price is 10 % 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 $31 / sq.feet. "House" with an average cost of $31 / sq.feet has the lowest price and would be directed at less affluent cities.