The prices in real estate in Diamondhead, in the Mississippi 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 Diamondhead has increased strongly during the last 6 months. In April, the average price per sq.feet was $213. In the following month the price per sq.feet increased to $235. The price for the following two months in (June, July) had a considerable increment of 226 %. The price per sq.feet has increased 113 % 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 $365 to $413 during August, and September.
Based upon to the price in Diamondhead (cities), these have remained the same in the last 6 months. The price in April is $259,521, rising in May till $295,842. In the following two months the average price has remained the same with regard to the previous two months from $277,681.5 to $275,564. During the last two months, the average price has reduced with regard to the previous ones. To be precise it has gone down 86 %, going from $276,622.75 to $238,819 in August and September.
The graph displaying the average price for bedrooms illustrates that those properties with 1 bedroom are the cheapest ones. At a price of $246,428 they are 74 % more affordable than the average price for Diamondhead. The properties with the lowest average price have 4 bedrooms, Their price is 16 % cheaper than the average. After that we have properties with 3 bedrooms priced at $182,451.
With regard to the average price per sq.feet , those properties with 4 bedrooms are the cheapest ones at a cost of $78 / sq.feet, with an average $212 / sq.feet price in Diamondhead. The properties with the lowest average prices have 1 bedroom. They are 57 % cheaper than the average followed by properties with 3 bedrooms with a price at $87 / sq.feet.
The graph displaying the average prices displays the property type "Condo" as the most affordable one. At an cost of $246,428 it is 25 % cheaper than the average price in Diamondhead. "Townhouse" is seen as the second most affordable property type. The dearest property type is "House" followed by "Townhouse". At a price of $277,546 it is 24 % more expensive than the average price.
According to the average cost per sq.feet, the cheapest property type is "Condo" at an average cost of $71 / sq.feet followed by "Townhouse" priced at $72 / sq.feet. "House" is the cheapest type of property with a $94 / sq.feet value followed by "Townhouse" with an average price of $72 / sq.feet.