The prices in real estate in Elkhorn, in the Nebraska 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 Elkhorn has increased strongly during the last 6 months. In February, the average price per sq.feet was $142. In the following month the price per sq.feet increased to $151. In the following two months the price per sq.feet has increased 106 %, going from $146.5 to $155 per sq.feet. The price per sq.feet has had a considerable increase of 524 % 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 $150.75 to $789.5 during June, and July.
Based upon to the price in Elkhorn (cities), these have remained the same in the last 6 months. In our first sample month during February, the average price is $461,189. In March This price remains at $472,171. During the following two months (April, May) the price has had an average incrementation from $466,680 to $491,064. During the last two months, the average price has reduced with regard to the previous ones. To be precise it has gone down 93 %, going from $478,872 to $446,541.5 in June and July.
The graph showing the average price for bedrooms displays the property with the most expensive price has 1 bedroom. It is 15 % more costly than the average price of $460,727 in Elkhorn. Based on the bedrooms values, properties with the highest prices are those with 1 bedroom. They are 15 % more expensive than the average aforementioned.
With regard to the average prices per sq.feet those properties with 1 bedroom are 90 % cheaper than the average price of ($141 / sq.feet) in Elkhorn. Properties with the most affordable price based upon to the number of bedrooms / sq.feet are those with 1 bedroom. They are 90 % cheaper than the average value aforementioned.
The graph displaying the average prices displays the property type "Townhouse" as the most costly one. At an cost of $402,019 it is 14 % 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 $458,426 it is 15 % 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 $128 / sq.feet followed by "Condo" priced at $136 / sq.feet. "Apartment" is the cheapest type of property with a $141 / sq.feet value followed by "Condo" with an average price of $136 / sq.feet.