Property prices for sale in Eagle River (Alaska)
The prices in real estate in Eagle River, in the Alaska 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 Eagle River has had a strong decrease during the last 6 months. In October, the average price per sq.feet was $1,589. In November this price pretty much remained the same at a value of $1,611 per sq.feet. The price for the following two months in (December, January) had a considerable decrease of 62 with regard to the prior two months. The price per sq.feet has increased 111 % 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 $1,296 to $1,435.5 during February, and March.
Based upon to the price in Eagle River (cities), this has gone up in the last 6 months. In our first sample month during October, the average price is $479,327. In November This price remains at $497,001. In the following two months the average price has remained the same with regard to the previous two months from $488,164 to $470,432.5. Based on an analysis of the first four prices and the last two months the average price has risen strongly 115 % during the last two months.
The graph displaying the average price for bedrooms illustrates that those properties with 2 bedrooms are the cheapest ones. At a price of $470,224 they are 43 % more affordable than the average price for Eagle River. The properties with the lowest average price have 4 bedrooms, Their price is 5 % cheaper than the average. After that we have properties with 1 bedroom priced at $419,279.
With regard to the average price per sq.feet , those properties with 4 bedrooms are the cheapest ones at a cost of $185 / sq.feet, with an average $2,632 / sq.feet price in Eagle River. The properties with the lowest average prices have 1 bedroom. They are 83 % cheaper than the average followed by properties with 3 bedrooms with a price at $202 / sq.feet.
The graph displaying the average prices displays the property type "Detached House" as the most affordable one. At an cost of $470,224 it is 76 % 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 $339,423 it is 8 % 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 $120 / sq.feet followed by "Apartment" priced at $171 / sq.feet. "Detached House" is the cheapest type of property with a $701 / sq.feet value followed by "House" with an average price of $196 / sq.feet.
