Property prices for sale in Fernley (Nevada)
The prices in real estate in Fernley, in the Nevada 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 Fernley has had a strong decrease during the last 6 months. In March, the average price per sq.feet was $393. In the following month the price per sq.feet decreased considerably to $240. In the following two months the price per sq.feet has increased 111 %, going from $316.5 to $350 per sq.feet. The price per sq.feet has had a considerable deflation of 72 % 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 $333.25 to $240 during July, and August.
Based upon to the price in Fernley (cities), this has gone up in the last 6 months. The price in March is $394,010, rising in April till $424,461. In the following two months the average price has remained the same with regard to the previous two months from $409,235.5 to $418,288. During the last two months, the average price has pretty much remained the same with regard to the previous average values going from an average value of $413,761.75 and $418,423.5 between July and August.
The graph displaying the average price for bedrooms illustrates that those properties with 2 bedrooms are the cheapest ones. At a price of $418,847 they are 56 % more affordable than the average price for Fernley. The properties with the lowest average price have 1 bedroom, Their price is 38 % cheaper than the average. After that we have properties with 2 bedrooms priced at $183,636.
With regard to the average price per sq.feet , those properties with 2 bedrooms are the cheapest ones at a cost of $71 / sq.feet, with an average $243 / sq.feet price in Fernley. The properties with the highest average prices have 1 bedroom. They are 628 % more expensive than the average followed by properties with 2 bedrooms with a price at $71 / sq.feet.
The graph displaying the average prices displays the property type "Office" as the most affordable one. At an cost of $418,847 it is 61 % cheaper than the average price in Fernley. "House" is seen as the second most affordable property type. The cheapest type property is "Condo" followed by "Duplex". At a price of $223,298 it is 46 % more affordable than the average price.
According to the average cost per sq.feet, the cheapest property type is "Office" at an average cost of $59 / sq.feet followed by "House" priced at $71 / sq.feet. "Condo" is the cheapest type of property with a $95 / sq.feet value followed by "Duplex" with an average price of $90 / sq.feet.
