Property prices for sale in Festus (Missouri)
The prices in real estate in Festus, in the Missouri 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 Festus has increased strongly during the last 6 months. In October, the average price per sq.feet was $236. In the following month the price per sq.feet increased considerably to $649. The price for the following two months in (December, January) decreased 89 % with regard to the prior two months. The price per sq.feet has had a considerable increase of 153 % 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 $417.5 to $639.5 during February, and March.
Based upon to the price in Festus (cities), these have remained the same in the last 6 months. In our first sample month during October, the average price is $300,725. In November This price remains at $290,653. In the following two months the average price has remained the same with regard to the previous two months from $295,689 to $290,764. 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 $293,226.5 and $278,866.5 between 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 $248,649 they are 53 % more affordable than the average price for Festus. The properties with the highest average price have 4 bedrooms, Their price is 56 % more costly than the average. After that we have properties with 3 bedrooms priced at $286,593.
With regard to the average price per sq.feet , those properties with 4 bedrooms are the cheapest ones at a cost of $142 / sq.feet, with an average $604 / sq.feet price in Festus. The properties with the lowest average prices have 3 bedrooms. They are 70 % cheaper than the average followed by properties with 1 bedroom with a price at $178 / sq.feet.
The graph displaying the average prices displays the property type "Condo" as the most affordable one. At an cost of $248,649 it is 18 % cheaper than the average price in Festus. "Land" is seen as the second most affordable property type. The dearest property type is "Farm" followed by "House". At a price of $286,749 it is 42 % more expensive than the average price.
According to the average cost per sq.feet, the cheapest property type is "Farm" at an average cost of $18 / sq.feet followed by "Condo" priced at $42 / sq.feet. "Land" is the cheapest type of property with a $292 / sq.feet value followed by "House" with an average price of $159 / sq.feet.
