Property prices for sale in Elkhorn (Nebraska)
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 October, the average price per sq.feet was $8,536. In the following month the price per sq.feet decreased considerably to $6,109. The price for the following two months in (December, January) had a considerable decrease of 67 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 $6,104 to $6,750 during February, and March.
Based upon to the price in Elkhorn (cities), this has fallen considerably in the last 6 months. The average price for October is $642,179. During November the price had a considerable reduction till $493,227. During the following two months (December, January) the average price had a considerable reduction of 81 % with regard to the previous two months. During the last two months, the average price has reduced with regard to the previous ones. To be precise it has gone down 94 %, going from $512,792.75 to $479,939 in February and March.
The graph displaying the average price for bedrooms illustrates that those properties with 1 bedroom are the cheapest ones. At a price of $527,659 they are 98 % more affordable than the average price for Elkhorn. 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 $362,856.
With regard to the average price per sq.feet , those properties with 1 bedroom are the cheapest ones at a cost of $11 / sq.feet, with an average $7,622 / sq.feet price in Elkhorn. The properties with the lowest average prices have 3 bedrooms. They are 97 % cheaper than the average followed by properties with 2 bedrooms with a price at $192 / sq.feet.
The graph displaying the average prices displays the property type "Condo" as the most affordable one. At an cost of $527,659 it is 17 % cheaper than the average price in Elkhorn. "Apartment" is seen as the second most affordable property type. The cheapest type property is "Detached House" followed by "Apartment". At a price of $444,411 it is 10 % 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 $90 / sq.feet followed by "Apartment" priced at $105 / sq.feet. "Detached House" is the cheapest type of property with a $198 / sq.feet value followed by "Apartment" with an average price of $105 / sq.feet.
