The prices in real estate in Elkhorn, in the Nebraska 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 Elkhorn has had a strong decrease during the last 6 months. In September, the average price per sq.feet was $164. In the following month the price per sq.feet decreased considerably to $117. In the following two months the price per sq.feet has increased 107 %, going from $140.5 to $151 per sq.feet. The price per sq.feet has decreased 94 % 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 $145.75 to $136.5 during January, and February.
Based upon to the price in Elkhorn (cities), this has gone up considerably in the last 6 months. The average price for September is $337,423. During October the price had a considerable reduction till $282,386. During the following two months (November, December) the average price had a considerable increase of 149 % 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 114 % during the last two months.
The graph displaying the average price for bedrooms illustrates that those properties with 4 bedrooms are the most costly ones. At a price of $426,704 they are 7 % more expensive than the average price for Elkhorn. Following this ranking we find those properties with 3 at an average price of $459,805. The properties with the highest average price have 1 bedroom, Their price is 8 % more costly than the average. After that we have properties with 3 bedrooms priced at $459,805.
With regard to the average price per sq.feet , those properties with 4 bedrooms are the most costly ones at a cost of $134 / sq.feet, with an average $122 / sq.feet price in Elkhorn. The properties with the highest average prices have 1 bedroom. They are 15 % more expensive than the average followed by properties with 3 bedrooms with a price at $139 / sq.feet.
The graph displaying the average prices displays the property type "Townhouse" as the most costly one. At an cost of $426,704 it is 7 % more expensive than the average price in Elkhorn. "Condo" is seen as the second dearest property type. The dearest property type is "Apartment" followed by "Condo". At a price of $455,223 it is 7 % more expensive than the average price.
According to the average cost per sq.feet, the cheapest property type is "Townhouse" at an average cost of $121 / sq.feet followed by "Condo" priced at $129 / sq.feet. "Apartment" is the most costly type of property with a $134 / sq.feet cost followed by "Condo" with an average price of $129 / sq.feet.