The prices in real estate in Fostoria, 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 Fostoria has increased strongly during the last 6 months. In October, the average price per sq.feet was $102. In November this price pretty much remained the same at a value of $98 per sq.feet. 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 1339 % 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 $94.25 to $1,262 during February, and March.
Based upon to the price in Fostoria (cities), these have remained the same in the last 6 months. In our first sample month during October, the average price is $169,027. In November This price remains at $161,571. During the following two months (December, January) the average price fell 88 % 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 gone up 113 % 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 $171,204 they are 44 % more affordable than the average price for Fostoria. Based on the bedrooms values, properties with the lowest prices are those with 3 bedrooms. They are 36 % more affordable than the average aforementioned.
With regard to the average price per sq.feet , those properties with 3 bedrooms are the cheapest ones at a cost of $64 / sq.feet, with an average $1,283 / sq.feet price in Fostoria. Properties with the most affordable price based upon to the number of bedrooms / sq.feet are those with 1 bedroom. They are 90 % cheaper than the average value aforementioned.