Property prices for sale in Elyria (Ohio)
The prices in real estate in Elyria, in the Ohio 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 Elyria has increased strongly during the last 6 months. In November, the average price per sq.feet was $107. In the following month the price per sq.feet increased considerably to $127. In the following two months the price per sq.feet has barely changed, going from $117 to $114 per sq.feet. The price per sq.feet has had a considerable increase of 259 % 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 $115.5 to $299 during March, and April.
Based upon to the price in Elyria (cities), this has gone up in the last 6 months. The average price for November is $194,296. During December the price had a slight fall till $177,062. During the following two months (January, February) the price has had an average incrementation from $185,679 to $206,029.5. Based on an analysis of the first four prices and the last two months the average price has gone up 115 % 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 $243,688 they are 56 % more affordable than the average price for Elyria. The properties with the highest average price have 4 bedrooms, Their price is 31 % more costly than the average. After that we have properties with 3 bedrooms priced at $211,506.
With regard to the average price per sq.feet , those properties with 1 bedroom are the cheapest ones at a cost of $84 / sq.feet, with an average $115 / sq.feet price in Elyria. The properties with the highest average prices have 3 bedrooms. They are 12 % more expensive than the average followed by properties with 2 bedrooms with a price at $123 / sq.feet.
The graph displaying the average prices displays the property type "Land" as the most affordable one. At an cost of $243,688 it is 49 % cheaper than the average price in Elyria. "Duplex" is seen as the second most affordable property type. The dearest property type is "Commercial" followed by "House". At a price of $247,769 it is 178 % more expensive than the average price.
According to the average cost per sq.feet, the cheapest property type is "Commercial" at an average cost of $109 / sq.feet followed by "House" priced at $115 / sq.feet. "Land" is the most costly type of property with a $23,487 / sq.feet cost followed by "Duplex" with an average price of $1,516 / sq.feet.
