The prices in real estate in Gahanna, in the Ohio region have had a minor rise in the last couple of months. The real estate prices for second hand homes have risen in this city.
The price per sq.feet in Gahanna has increased during the last 6 months. In March, the average price per sq.feet was $138. In April this price pretty much remained the same at a value of $139 per sq.feet. In the following two months the price per sq.feet has barely changed, going from $138.5 to $137 per sq.feet. The price per sq.feet has had a considerable increase of 115 % 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 $137.75 to $158.5 during July, and August.
Based upon to the price in Gahanna (cities), this has gone up considerably in the last 6 months. In our first sample month during March, the average price is $320,027. In April This price remains at $323,277. During the following two months (May, June) the average price had a considerable increase of 143 % with regard to the previous two months. 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 $390,274 and $376,493 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 $451,000 they are 50 % more affordable than the average price for Gahanna. The properties with the lowest average price have 4 bedrooms, Their price is 12 % cheaper than the average. After that we have properties with 1 bedroom priced at $306,233.
With regard to the average price per sq.feet , those properties with 3 bedrooms are the cheapest ones at a cost of $135 / sq.feet, with an average $175 / sq.feet price in Gahanna. The properties with the highest average prices have 1 bedroom. They are 428 % more expensive than the average followed by properties with 2 bedrooms with a price at $147 / sq.feet.
The graph displaying the average prices displays the property type "Commercial Property" as the most affordable one. At an cost of $451,000 it is 47 % cheaper than the average price in Gahanna. "Condo" is seen as the second most affordable property type. The cheapest type property is "Condo" followed by "Commercial Property". At a price of $241,102 it is 45 % more affordable than the average price.
According to the average cost per sq.feet, the cheapest property type is "Commercial Property" at an average cost of $89 / sq.feet followed by "Condo" priced at $114 / sq.feet. "Condo" is the cheapest type of property with a $114 / sq.feet value followed by "Commercial Property" with an average price of $89 / sq.feet.