The prices in real estate in Gladstone, 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 Gladstone has increased strongly during the last 6 months. In October, the average price per sq.feet was $158. In the following month the price per sq.feet increased to $167. In the following two months the price per sq.feet has barely changed, going from $162.5 to $158.5 per sq.feet. The price per sq.feet has had a considerable increase of 1113 % 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 $160.5 to $1,786 during February, and March.
Based upon to the price in Gladstone (cities), these have remained the same in the last 6 months. In our first sample month during October, the average price is $276,841. In November This price remains at $263,364. In the following two months the average price has remained the same with regard to the previous two months from $270,102.5 to $263,917.5. Based on an analysis of the first four prices and the last two months the average price has gone up 110 % 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 $296,127 they are 55 % more affordable than the average price for Gladstone. The properties with the highest average price have 4 bedrooms, Their price is 24 % more costly than the average. After that we have properties with 2 bedrooms priced at $178,216.
With regard to the average price per sq.feet , those properties with 2 bedrooms are the cheapest ones at a cost of $97 / sq.feet, with an average $185 / sq.feet price in Gladstone. The properties with the highest average prices have 3 bedrooms. They are 302 % more expensive than the average followed by properties with 4 bedrooms with a price at $127 / sq.feet.
The graph displaying the average prices displays the property type "House" as the most affordable one. At an cost of $296,127 it is 52 % cheaper than the average price in Gladstone. "Apartment" is seen as the second most affordable property type. The dearest property type is "Detached House" followed by "Apartment". At a price of $245,270 it is 12 % more expensive than the average price.
According to the average cost per sq.feet, the cheapest property type is "Detached House" at an average cost of $140 / sq.feet followed by "Apartment" priced at $144 / sq.feet. "House" is the most costly type of property with a $715 / sq.feet cost followed by "Apartment" with an average price of $144 / sq.feet.