The prices in real estate in Elma, in the Washington 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 Elma has increased strongly during the last 6 months. In July, the average price per sq.feet was . In the following month the price per sq.feet increased considerably to . The price for the following two months in (September, October) had a considerable increment of 2147483647 %. The price per sq.feet has had a considerable increase of 442 % 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 $49.5 to $219 during November, and December.
Based upon to the price in Elma (cities), this has gone up considerably in the last 6 months. The average price during our first sample month during July, is . During August the price went through a considerable rise reaching . During the following two months (September, October) the average price had a considerable increase of 2147483647 % 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 risen strongly 344 % during the last two months.
The graph displaying the average price for bedrooms illustrates that those properties with 1 bedroom are the cheapest ones. At a price of $342,667 they are 53 % more affordable than the average price for Elma. The properties with the lowest average price have 3 bedrooms, Their price is 17 % cheaper than the average. After that we have properties with 4 bedrooms priced at $243,950.
With regard to the average price per sq.feet , those properties with 4 bedrooms are the cheapest ones at a cost of $123 / sq.feet, with an average $224 / sq.feet price in Elma. The properties with the highest average prices have 1 bedroom. They are 26 % more expensive than the average followed by properties with 2 bedrooms with a price at $226 / sq.feet.
The graph displaying the average prices displays the property type "Apartment" as the most affordable one. At an cost of $342,667 it is 44 % cheaper than the average price in Elma. "House" is seen as the second most affordable property type. The cheapest type property is "Duplex" followed by "Townhouse". At a price of $219,398 it is 36 % more affordable than the average price.
According to the average cost per sq.feet, the cheapest property type is "Apartment" at an average cost of $105 / sq.feet followed by "Townhouse" priced at $111 / sq.feet. "House" is the cheapest type of property with a $148 / sq.feet value followed by "Duplex" with an average price of $113 / sq.feet.