The prices in real estate in Grain Valley, 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 Grain Valley has increased strongly during the last 6 months. In October, the average price per sq.feet was $179. In November this price pretty much remained the same at a value of $172 per sq.feet. In the following two months the price per sq.feet has barely changed, going from $175.5 to $180.5 per sq.feet. The price per sq.feet has had a considerable increase of 844 % 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 $1,502.5 during February, and March.
Based upon to the price in Grain Valley (cities), this has gone up in the last 6 months. In our first sample month during October, the average price is $371,873. In November This price remains at $372,810. In the following two months the average price has remained the same with regard to the previous two months from $372,341.5 to $388,307.5. Based on an analysis of the first four prices and the last two months the average price has gone up 109 % 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 $422,421 they are 49 % more affordable than the average price for Grain Valley. The properties with the lowest average price have 1 bedroom, Their price is 49 % cheaper than the average. After that we have properties with 4 bedrooms priced at $215,873.
With regard to the average price per sq.feet , those properties with 4 bedrooms are the cheapest ones at a cost of $66 / sq.feet, with an average $2,298 / sq.feet price in Grain Valley. The properties with the lowest average prices have 1 bedroom. They are 97 % cheaper than the average followed by properties with 4 bedrooms with a price at $66 / sq.feet.
The graph displaying the average prices displays the property type "Condo" as the most affordable one. At an cost of $422,421 it is 50 % cheaper than the average price in Grain Valley. "Townhouse" is seen as the second most affordable property type. The cheapest type property is "House" followed by "Duplex". At a price of $214,793 it is 49 % more affordable than the average price.
According to the average cost per sq.feet, the cheapest property type is "Condo" at an average cost of $50 / sq.feet followed by "Townhouse" priced at $59 / sq.feet. "House" is the cheapest type of property with a $66 / sq.feet value followed by "Duplex" with an average price of $61 / sq.feet.