The prices in real estate in Garden City, in the Kansas 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 Garden City has increased strongly during the last 6 months. In April, the average price per sq.feet was $189. In May this price pretty much remained the same at a value of $182 per sq.feet. The price for the following two months in (June, July) decreased 92 % with regard to the prior two months. The price per sq.feet has had a considerable increase of 176 % 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 $178 to $312.5 during August, and September.
Based upon to the price in Garden City (cities), these have remained the same in the last 6 months. In our first sample month during April, the average price is $264,890. In May This price remains at $260,335. In the following two months the average price has remained the same with regard to the previous two months from $262,612.5 to $267,442. 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 $265,027.25 and $267,004.5 between August and September.
The graph displaying the average price for bedrooms illustrates that those properties with 1 bedroom are the cheapest ones. At a price of $267,940 they are 33 % more affordable than the average price for Garden City. The properties with the lowest average price have 4 bedrooms, Their price is 1 % cheaper than the average. After that we have properties with 3 bedrooms priced at $239,064.
With regard to the average price per sq.feet , those properties with 1 bedroom are the cheapest ones at a cost of $66 / sq.feet, with an average $238 / sq.feet price in Garden City. The properties with the highest average prices have 4 bedrooms. They are 22 % more expensive than the average followed by properties with 2 bedrooms with a price at $258 / sq.feet.
The graph displaying the average prices displays the property type "House" as the most affordable one. At an cost of $267,940 it is 1 % cheaper than the average price in Garden City. "Land" is seen as the second most affordable property type. The dearest property type is "Land" followed by "House". At a price of $266,039 it is 252 % more expensive than the average price.
According to the average cost per sq.feet, the most expensive property type would be "House" at an average cost of $252 / sq.feet followed by "Land" priced at $25,541 / sq.feet. "Land" is the most costly type of property with a $25,541 / sq.feet cost followed by "House" with an average price of $252 / sq.feet.