The prices in real estate in Galion, 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 Galion has increased strongly during the last 6 months. In October, the average price per sq.feet was $530. In the following month the price per sq.feet decreased considerably to $123. The price for the following two months in (December, January) had a considerable decrease of 33 with regard to the prior two months. The price per sq.feet has had a considerable increase of 629 % 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 $216.75 to $1,364 during February, and March.
Based upon to the price in Galion (cities), this has gone up in the last 6 months. In our first sample month during October, the average price is $162,377. In November This price remains at $158,667. During the following two months (December, January) the price has had an average incrementation from $160,522 to $172,556.5. Based on an analysis of the first four prices and the last two months the average price has gone up 107 % during the last two months.
The graph displaying the average price for bedrooms illustrates that those properties with 4 bedrooms are the cheapest ones. At a price of $160,115 they are 6 % more affordable than the average price for Galion. The properties with the lowest average price have 1 bedroom, Their price is 3 % cheaper than the average. After that we have properties with 3 bedrooms priced at $151,947.
With regard to the average price per sq.feet , those properties with 4 bedrooms are the cheapest ones at a cost of $18 / sq.feet, with an average $2,182 / sq.feet price in Galion. The properties with the lowest average prices have 1 bedroom. They are 98 % cheaper than the average followed by properties with 3 bedrooms with a price at $28 / sq.feet.
The graph displaying the average prices displays the property type "" as the most affordable one. At an cost of $160,115 it is 57 % cheaper than the average price in Galion. "House" is seen as the second most affordable property type. The cheapest type property is "House" followed by "". At a price of $68,862 it is 6 % more affordable than the average price.
According to the average area cost by sq.feet the cheapest property type is "House with an average price of $18 / sq.feet. "House" with an average cost of $18 / sq.feet has the lowest price and would be directed at less affluent cities.