The prices in real estate in Eagle River, in the Alaska region have had a minor fall in the last couple of months. The real estate prices for second hand homes have fallen in this city
The price per sq.feet in Eagle River has fallen in the last 6 months. In November, the average price per sq.feet was $260. In the following month the price per sq.feet decreased to $245. In the following two months the price per sq.feet has barely changed, going from $252.5 to $248 per sq.feet. The price per sq.feet has barely changed in the last two months compared to the average price of the previous four months going from an average price of $250.25 to $242 during March y April
Based upon to the price in Eagle River (cities), these have remained the same in the last 6 months. In our first sample month during November, the average price is $553,741. In December This price remains at $548,588. In the following two months the average price has remained the same with regard to the previous two months from $551,164.5 to $552,370.5. During the last two months, the average price has pretty much remained the same with regard to the previous average values going from an average value of $551,767.5 and $549,401 between March and April.
The graph displaying the average price for bedrooms illustrates that those properties with 2 bedrooms are the cheapest ones. At a price of $535,251 they are 50 % more affordable than the average price for Eagle River. The properties with the lowest average price have 4 bedrooms, Their price is 16 % cheaper than the average. After that we have properties with 1 bedroom priced at $421,806.
With regard to the average price per sq.feet , those properties with 4 bedrooms are the cheapest ones at a cost of $191 / sq.feet, with an average $239 / sq.feet price in Eagle River. The properties with the highest average prices have 1 bedroom. They are 91 % more expensive than the average followed by properties with 3 bedrooms with a price at $203 / sq.feet.
The graph displaying the average prices displays the property type "Land" as the most affordable one. At an cost of $535,251 it is 79 % cheaper than the average price in Eagle River. "Apartment" is seen as the second most affordable property type. The cheapest type property is "House" followed by "Condo". At a price of $343,185 it is 19 % 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 $131 / sq.feet followed by "Apartment" priced at $177 / sq.feet. "Land" is the most costly type of property with a $707 / sq.feet cost followed by "House" with an average price of $202 / sq.feet.