The prices in real estate in Grandview, in the Missouri region have had a strong fall in the last couple of months. The real estate prices for second hand homes have gone through a strong fall in this city.
The price per sq.feet in Grandview has had a strong decrease during the last 6 months. In June, the average price per sq.feet was $267. In the following month the price per sq.feet increased considerably to $454. The price for the following two months in (August, September) had a considerable decrease of 31 with regard to the prior two months. The price per sq.feet has had a considerable deflation of 61 % 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 $236.5 to $144.5 during October, and November.
Based upon to the price in Grandview (cities), this has gone up considerably in the last 6 months. The average price during our first sample month during June, is $186,542. During July the price went through a considerable rise reaching $334,933. During the following two months (August, September) the average price had a considerable reduction of 68 % with regard to the previous two months. Based on an analysis of the first four prices and the last two months the average price has risen strongly 129 % 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 $307,429 they are 72 % more affordable than the average price for Grandview. The properties with the lowest average price have 4 bedrooms, Their price is 62 % cheaper than the average. After that we have properties with 1 bedroom priced at $87,616.
With regard to the average price per sq.feet , those properties with 1 bedroom are the most costly ones at a cost of $476 / sq.feet, with an average $150 / sq.feet price in Grandview. The properties with the highest average prices have 4 bedrooms. They are 234 % more expensive than the average followed by properties with 1 bedroom with a price at $476 / sq.feet.
The graph displaying the average prices displays the property type "Office" as the most affordable one. At an cost of $307,429 it is 72 % cheaper than the average price in Grandview. "Duplex" is seen as the second most affordable property type. The cheapest type property is "Apartment" followed by "Duplex". At a price of $86,826 it is 62 % more affordable than the average price.
According to the average cost per sq.feet, the most expensive property type would be "Office" at an average cost of $464 / sq.feet followed by "Duplex" priced at $467 / sq.feet. "Apartment" is the most costly type of property with a $501 / sq.feet cost followed by "Duplex" with an average price of $467 / sq.feet.